Aug 14, 2017 06:33 PM
9171 Views
I have taken this Money Plus Policy on 3/08/2013(Policy No. 7826503964). At that time my agent told me that I have to pay only for 3 years and afterwards no need to pay any amount and the policy will continue for 20 years.
And my agent said policy is transferable to any place as well as premium is paid to any branch .but this year when I went to Avantika branch from where I bought policy, the officials told that the policy is non-transferable as well as the premium can not be paid to the other city branch.so I personally feel
that lic agents have less knowledge or they ignore what consumer want or misguiding to consumer. so what can be done to be more transparent to consumer. I request you to please be aware and take a hard copy of what a agent promise you while insuring your policy.
