[Resolved]  Bajaj Allianz Life Insurance Co. Ltd. — Issue of policies by deception and malpractice

Address:Cachar, Assam

From Jagadish Chandra Das House No-184 Sibbari Road, Malugram SILCHAR-788002 Phone-[protected] Email- [protected]@gmail.com Dated- 7th July 2014 To www.consumer complaints.in/ new_ complaint/ Sub: - Request for cancellation of policy Nos 1) [protected] dt.[protected]. 2) [protected]dt.[protected]. 3) [protected] dt.[protected]. 4) [protected] dt.[protected] Issued by Bajaj Allianz Insurance Co. Ltd. And refund of premium money. Ref: - Complaint number- BWC 52655024 dt[protected], given by Bajaj Allianz Co. Silchar Branch office. Dear Sir, With reference to the above I would like to lay this following lines before you seeking justice against the unfair decision on the subject taken by Bajaj Allianz insurance Co. Ltd. In my first complaint letter dated 6th June 2014 followed by one reminder mail communication on 2nd July 2014 addressed to BALIC Ltd. I had narrated in detail how I was deceived and cheated by few Insurance Agents by collecting the premium money from me giving assurance of giving various gifts from a good nos of insurance companies and committing that these amount of money would be refunded within 6(Six) to 12(Twelve) months time along with the gifts. Policy nos [protected] & [protected] were received by me in last week of April 2014 and other two polices I received in 3rd and last week of May 2014. In total myself and my wife Shelley Das paid Rs. 705000.00 Only on receipt of which BALIC Ltd. Issued this 4 nos of policies. I lodged my complaint on[protected] to the Silchar Branch Office of BALIC ltd. And again I submitted one more application to silchar Branch Office through E-mail 2nd July2014. In my complaint latter I clearly explained (1) Why I had to agree to all the points raised during phone verification by the company without understanding the implications. (2) Why I was late in filing of formal complaint in respected of the 3 nos of policies. For police No. [protected] dt.[protected] I lodged the complaint in time. (3) That neither myself nor my son Anirban Das had signed the Application Form, Xerox copy of which are attached in the Bond Paper Booklet. We only submitted ID proof, Address proof Papers and Photographs along with the cheques as per demand of the Insurances Agents. The application form false and fabricated. Now, after making a nos of phone calls and after obtaining documents of gifts offers by different companies by their officials, BALIC Ltd. Has unduly rejected my complaint and my request for ‘freelook’ through one Email communication sent by Mr. Mohmmad Siddiqui, Relationship Manager – Customer Service of BALIC Ltd. On[protected]. I would earnestly request you kindly to take pain in going through the papers and take a positive action on the subject. I need the money badly for my medical treatment
+1 photos
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Bajaj Allianz customer support has been notified about the posted complaint.
Complaint comments 

Comments

Hi Jagdish,

Thank you for reaching out to us!
We have shared your details with our customer service team who will work further on the reported matter.
The concerned team shall provide its response to your grievance on priority.

For any other inquiry related to Bajaj Allianz Life Insurance you can log on to http://general.bajajallianz.com/BagicNxt/misc/iTrack/indexOnlineGrv.do.

Best Regards,

Bajaj Allianz Life Insurance Team
Bajaj Allianz is one of the worst company when its time to pay the claim amounts.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Bajaj Allianz
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    78%
    Complaints
    2208
    Pending
    0
    Resolved
    1672
    Bajaj Allianz Phone
    +91 20 3030 5858 [Customer Care]
    Bajaj Allianz Address
    GE Plaza, Airport Road, Yerawada, Pune, Maharashtra, India - 411 006
    View all Bajaj Allianz contact information