Vacuum in State Consumer Forum delays justice to defrauded LIC scheme beneficiaries: Ravindranath
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Vacuum in State Consumer Forum delays justice to defrauded LIC scheme beneficiaries: Ravindranath

The Hindu  

With over 50,000 LIC’s Jeevan Madhur policyholders in 200 villages in Chikkamagaluru district yet to get justice for the premium they paid to LIC’s Udupi Division, there was no meaning to observe the Consumer Rights Day on May 15, rued Ravindranath Shabhag, president of Human Rights Protection Foundation, Udupi. The policyholders who had paid premium through agents appointed by the LIC were waiting for justice for the last nine years as the Karnataka State Consumer Protection Forum has remained without a head since May 2024. Dr. Shanbhag said the Udupi Division of LIC had rolled out the Jevan Madhur policy of the Corporation and appointed three agents, Samanvaya Grameena Abhivriddhi Samsthe, Shubhodaya Grameena Abhivriddhi Samsthe, and Mukkanneshwari Yuvathi Mandali to collect premium in Chikkamagaluru district in 2005. In one case involving 60 beneficiaries, LIC Udupi Division admitted its folly before the Chikkamagaluru District Consumer Forum and refunded the premium amount with penalty.

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