Apr 27, 2008 11:37 AM
4822 Views
Despite being the govt organisation, there is no concern for the customer. Not even pays the maturity value leave aside death claims. No one whether top or lower management is responsible. Loosing it share in the market.
May not be paying claims as may not have left with funds.Govt should look at the working of this company as may not remain with the fund to settle claims. The major worry is the impact it will have on the entire economic position of the country. New and old buyers beware.
JUDGE FOR YOURSELF IF THE COMPANY IS UNABLE TO PAY CLAIMS WHAT WILL THE FATE OF PEOPLE WHO AHVE PUT IN HARD EARNED MONEY INTO THIS.
GOVT WILL ALSO STOP SUPPORT AND THERE COULD BE REPETITION OF US-64 FIASCO.
*tHE PEOPLE WHO CAN KEEP TRACK OF THE INSURANCE BUSINESS GRWOTH CAN FIND FROM THE ECONOMIC TIMES THAT THIS COMPANY HAS BEEN CONSTANTLY LOOSING ITS SHARE IN THE MARKET.
GOD SAVE LIC AND COUNTRY.
