The Life Insurance Corporation of India (LIC) has issued a statement to clarify its position regarding recent reports of certain entities offering to acquire policies from existing LIC policyholders as an alternative to surrendering these policies directly to the Corporation.
In its clarification, LIC emphasized that it is not associated with any such entities or the products and services they offer. The Corporation urged its policyholders to consult directly with LIC officials before responding to any offers from third-party entities.
“LIC has no connection with these entities, and we advise our policyholders to be cautious and ensure they are not misled by such offers,” the statement read. The Corporation highlighted the importance of maintaining direct communication with LIC representatives to avoid any potential misinformation or financial loss.
This move comes as a proactive measure to protect the interests of policyholders and maintain the integrity of LIC’s services. The Corporation reassured its policyholders of its commitment to providing transparent and reliable services.
Policyholders are encouraged to contact their nearest LIC office or reach out through official channels for any queries or concerns regarding their policies.
