Maharashtra

Ahmednagar

CC/10/293

Raghunath Mahadu Dhanwate, Rampur, Post Naur, Tal Shrirampur, Dist Ahmednagagar. - Complainant(s)

Versus

LIC of India - Opp.Party(s)

self

25 Feb 2011

ORDER


DISTRICT CONSUMER FORUM, AHMEDNAGARPARAG BUILDING, NEAR COLLECTOR OFFICE,AHMEDNAGAR
CONSUMER CASE NO. 10 of 293
1. Raghunath Mahadu Dhanwate, Rampur, Post Naur, Tal Shrirampur, Dist Ahmednagagar.Rampur, Post Naur, Tal Shrirampur, Ahmednagar ...........Appellant(s)

Vs.
1. LIC of IndiaShrirampur, AhmednagarAhmednagar ...........Respondent(s)


For the Appellant :self, Advocate for
For the Respondent :Bhange, Advocate

Dated : 25 Feb 2011
ORDER

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#207;#198;#141;Ÿ#141;θÎ#180;#141;    : 293/2010.

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          Surrender of Policies : The surrender value,if any,is payable only after the completion of the third policy anniversary both under  Single and Regular premium contracts.  The surrender value payable shall be the Fund Value of units held in the Policyholder's Fund Value at the date of surrender.  There will be no surrender charge.

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- Smt. M.K. Khadamkar, MemberMR. Shri. S.K. Binwade, PRESIDENT ,