Need A Financial Product Forums Insurance What to do in case of policy surrendered through forgery

This topic contains 1 reply, has 2 voices, and was last updated by  Ganesh Maral 2 years, 2 months ago.

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    Ganesh Maral

    While I was trying to dig some information on the internet, I came across an incident whereby a person’s LIC policies were forged to surrender. The amount was transferred to the account of the 3rd party who forged the signatures and this person came to know of the forgery when he received a pre-closure letter from LIC. My concern is that if a thing like this happens, then what needs to be done.


    Anita Pawar

    In such cases, one should immediately file a written complaint to LIC so that they can stop the pre-closure process and set an enquiry for this.

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