[Resolved]  Bajaj Allianz Life Insurance Company Ltd — Are openly cheating

Address:

Mumbai City, Maharashtra

I Opened Citi Bank account in Nov 2013. I was offered with Bajaj allianz life insurance .It was 1500/- per month. i called up the customer care and said i want to surrender the Policy, as you are withdrawing before 4 years 5% will be deducted from your fund amount. The Customer care person asked me to continue with the policy for 4 year at least. If i complete 4 years then my amount will be 72000 but my fund value will be of 40000. What is the guarantee that i would get the amount i paid. I'am not expecting any extra amount which you they give. But Atleast you need to pay the amount i paid. As i got good opinion over Bajaj Allainz I have took up this policy. But after the call with the customer care i was shocked and it is completely fraud. We were said you will get assured returns But we are not getting what we paid also. This is a complete disappointment to the customer. Now i feel Bajaj Allainz is only to fraud people. I have asked my family people and Colleagues to never invest in Bajaj Allainz and who already have a policy I said them to withdraw that ASAP. all the people agree with it and felt like it would be the best way to educate the people. I suffered being part of the Bajaj Allainz policy.i will not let others be part of Bajaj Allainz Thanks, Amarendra Balla