Is LIC a fraud Quora?

LIC is the biggest cheater of our country but the majority (95\%) of people are not able to understand cheating Technics of LIC plans so LIC gets business from such naive people available plentiful in our country. Those who are agents of LIC only praise LIC in order to deceive people. They are like agents of harlots.

Is LIC trusted?

Trust Research Advisory’s brand trust report has ranked LIC as the country’s most trusted brand in the banking and financial institution space. was ranked second. Overall, LIC was ranked 8th among 17,000 brands studied while SBI was ranked 19th.

Is it safe to share LIC policy number?

Never share your policy details and other information with any unverified caller. 6. Please visit official website www.licindia.in – or contact your LIC branch for plan and other product details. 7.

Is LIC a pyramid scheme?

Corporate agents of State-run behemoth Life Insurance Corporation of India (LIC) are running a pyramid scheme in one of its life insurance schemes. With our membership, you can promote our insurance plans and earn a sizeable income which might be comparatively higher than the salary drawn by you.”

Is LIC in loss Quora?

Is LIC making a loss? – Quora. No LIC is not making any loss. There is a reporting in press that LIC has lost nearly Rs. 57000 crores, which is absolutely fake, false, misleading and disingenuous.

How can I complain to LIC?

Steps to register complaint online. Update your profile, once user id is created. After logging in with your user id, Click on ‘Register complaints’ on the home page. Click here for logging in. Complete the complaint registration form.

How can I stop LIC spam calls?

Dos

1. Verify the policy information given to you on the official website of LIC at www.licindia.in or contact any nearest LIC Branch.
2. Register a police complaint with details of the phone number.
3. Make sure to report questionable calls with brief particulars of the call through e-mail to [email protected].

Is LIC a profit or loss?

In April-June 2020, LIC booked a profit of a little more than Rs 7,000 crore. Between April and October 2020, the insurer booked around Rs 15,000 crore as profits in the capital market.