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

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  • #48184
    samkapoor77
    Keymaster

    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.

    #48185
    Sameer Kapoor
    Participant

    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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