[Resolved]  Bajaj Allianz — New family gain policy has put me into loss of 7500/- after 8 years

Address:

411006

Dear sir,

I have invested in new family gain policy in bajajallianz.Co.In in 2008.

I have continuously paid 3 instalment of 10, 000/- per year without any fail. So total amount paid is rs. 30000/-.

After 2011, due to some family situation i am not able to continue the policy.

In 2013, i have gone for partial withdrawal of rs. 12, 500/-.

In 2016, february the company has foreclosed my policy without any prior intimation and sent the cheque amount of rs. 10, 044/-

So, because of this i was totally upset and not able to digest the loss of rs. 7500/-

Now they are saying it is the policy of the company. If they said me at the time of partial withdrawal i would have foreclose myself and gone, lost only rs. 5, 000/-

In the meantime, the fund value has reached rs. 16000 to rs. 17, 000 after my partial withdrawal if they had intimated me at that time, i would have foreclosed it at that time.

Nothing they have intimated but all of a sudden they sent the cheque without any intimation.

Bajaj allianz
Tel no.:[protected],

After contacting them they said to contact

Office of the insurance ombudsman
Fatima akhtar court,
4th floor, 453 (Old 312)
Anna salai, teynampet,
Chennai
600018
Tel no.[protected]

I was greatly disappointed and restless.

Please help me in this regard to get atleast the amount which i have invested rs. 30, 000/-

Bajaj allianz address:

Add.: ge plaza 1 st floor, airport road, yerawada, pune 411006

Tel : +[protected]

Fax : +[protected]

Email : [protected]@bajajallianz.Co.In


Please help me on the concern and hope i will get my invested amount atleast.

Thanks,
Sivaraje s
[protected]