POSTED BY March 19, 2014 5:58 pm COMMENTS (3)ON
I have taken a LIC endowment plan (Table Number 14) as sum assured 1 lac in 2005 on a yearly premium of 5022.
Till then i have paid 9 premiums of this policy ( a mount of 45198). Due to some personal financial issue i surrendered this policy. I though that at least i would receive the complete amount which i paid till now. But i was completely shocked to see the amount which i received from LIC. It is only 34158. Means around 11,000 less then what i paid.
I am not able to understand this amount. Can you please help me on this?
I would also like to file a RTI against this to understand about the actual calculation that LIC has done in my case. Can you please let me know about the procedure to file a RTI against LIC.
Many thanks in advance.