Categories: InsuranceLife Insurance

LIC warning against fraud calls from LIC and IRDA

There have been reports of new ways of misselling by posing as LIC employee/ agent or Officers calling from IRDA. We have covered one such instance here. LIC has issued an advertisement drawing attention of policy holders towards this menace of misselling.

Here is the advertisement:

LIC warning against fraud calls from LIC and IRDA

Amit

Hi Readers! I am Amit, the mind behind Apnaplan.com I am MBA from NITIE, Mumbai and BIT from Delhi University. This blog is my online diary where I write about my tryst with my investment decisions. In the 400+ posts on this blog you will find articles on Personal Financial Planning, Investments, Retirement Planning, Insurance, Loans, Fixed Deposits, Provident Funds, Stock Markets, Gold, Silver, Real Estate Investment, Credit Cards, Credit Score, Taxation, Inheritance Planning and Reviews on various Financial Products.

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Shashank says:

January 21, 2015 at 9:41 am

Received a similar call today, 21/01/2015 from one Priya Sharma m no. 08587938653. Hope LIC makes a note of this and takes some action.
Atul D. Patil says:

October 15, 2014 at 7:15 am

Yesterday I received a call from number +917042984837 and the lady from other end in her fluent and confident accent told me that she is calling from LIC head office, and without loosing any time in between she throw her fishing hook towards me by asking,
"आपका XXXXXXXX Policy का बोनस अभी तक आपने क्लेम क्यू नही किया? अगर आपने क्लेम नही किया तो ये सारा पैसा आपका एजंट खा जायेगा"
For a moment I came into her words and asked what do I need to do to claim the bonus amount. And she took me to next stage of her conversation,
"Just give me all your details and I will process it right away and send this check to you"
Thank god I didn't give details as I thought, LIC never made such calls in the past to pay me bonus. But I was stunned to know how the lady got my number and know that I hold one particular policy.
We got to be really careful. Posting it here for awareness.
- Amit says:
  
  January 7, 2015 at 2:45 pm
  
  Thanks for sharing Atul!
  
  This is very rampant fraud and hope more and more people get aware about the same!
Nidhi says:

January 22, 2013 at 9:14 pm

I had a long term LIC endowment plan and after reading various blogs, I realized that I was sold the wrong product. I complained about the agent to LIC branch office. After a few days I got a call saying that I can change my insurance plan by payment of small fee. The person said he was calling from LIC complaint resolution center. On further finding I came to know that it was a hoax call and some agent was trying to mis-sell me further!

God save from these agents!
- Amit says:
  
  January 22, 2013 at 10:55 pm
  
  Good to know that you were vigilant to point this scam!
  But whats your plan about the LIC endowment plan you hold?