POSTED BY July 24, 2012 7:07 pm ONE COMMENTON
About 4 months back I had bought a 1 cr. term insurance for 30 years from Aviva.
A week back I learnt that my uncle has been investing in my name in LIC Plan 112 (Jeevan Shree) details of which are as follows.
D.O.C is 2001.
Tenure = 20 year
Sum assured = 5 lac
Obviously, as I was unaware, I did not mention it while taking the Aviva term policy.
I have already sent a scanned copy of the LIC policy to Aviva Support to make a record of it but haven’t heard anything from them.
Now what should I do going forward?
Buy a new policy next year (when the time of paying premium is due) from some other insurance firm and ditch the current Aviva policy because there is a big question mark if Aviva would honour the claim should a need arise in future.