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PolicyWala NewBie
Automatic opening of new policy.
Hi All,
My name is Praveen Gawande and new to this forum.
Well I like to get solution on wierd problem. My dad opened a LIC market plus policy and it got matured. Now My father went to LIC office to claim the money. LIC office said they will send cheque .
MY father waited for more than a month and did not get the cheque, So he went to LIC office to inquire the same. BUT to his surprice he came to know that since my father didnot claim the money ,that money has been invested in new policy PENSION plan.
I would like to know is this possible? There could be many people with same name.Right? how could new pension plan be opened without consent or signature ? PLease help me.
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