[Resolved] Bajaj Allianz Life Insurance Company — Policy Maturity amount received is less than total amount paid | |||
I opened a Bajaj Allianz insurance policy on 4th Aug 2010 for 5 years with monthly premium of Rs. 1500. It was told while taking the policy that whole amount along with interest amount will be returned on maturity. For 5 years I paid total of Rs. 90, 000, and on maturity I received a sum of only Rs. 80678 which is very less than what I actually paid to the company. Following are the policy details: Master Policy Holder : CITI BANK N.A. Master Policy Number : [protected] Policy No : [protected] Member Name : Arjun Vinod Bajoria Application No : [protected] Product : SVS Premium Type : Monthly Sum assured : 720000 I was expecting atleast Rs. 90, 000 amount which I paid as premium to the company. Please look into the matter. Was this information helpful? | |||
Complaint marked as Resolved
Bajaj Allianz customer support has been notified about the posted complaint. Verified Support Sep 28, 2015 Bajaj Allianz Customer Care's response Dear Arjun,
Thank you for reaching out to us. We have forwarded your issue and policy details to the concerned team. Give us sometime to investigate the matter as it is related to your policy maturity amount. One of our representative will get in touch with you soon.
Regards
Bajaj Allianz Life Insurance
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