[Resolved]  Bajaj Allianz — Fraud

Hi all.
Bajaj Allianz is the no 1 robbery team in Insurance.
Better go with Govt Insurance companies or invest in someother useful thing.

Please refer below the mail I sent to Bajaj Allianz,

Bajaj Allianz policy no: 95179118, request you to provide clarification on my termination of policy 95179118. I have not intimated regarding this.
I really surprised & shocked when I recieved surrender amount of Rs 3981/- against policy deposit of Rs.20000/-
I suppose to pay Rs 20000/- for next 2 years, which I was unable to make due to personal reasons.
I thought
f paying Rs outstanding Rs 40000/-(for 2years) this month to get/avail my amount Rs 60000/- next year.But when I called to customer care today morning, they dint respond properly.

I need a proper justification of my termination, since I have not intimated about the same.

Pls Note:
If I invested that maoney Rs 20000/- in 2008 on "Gold" today my money will be doubled.
Atleast if I deposited the amount in bank for 3 years, I wouldhave got 9% p.a interest.
If I kept the money in locker, it could be the same atlest & safe also.

Now pls think, I invested in Bajaj Allianz in 2008, my amount has gone from Rs 20000/-

Its really a fruad jobs you are doing.....
Instead of cheating customer ask Bajaj Allianz to do prostitution job or robbery.
Else go everywhere in India do the Begging job in professional manner so that you can earn more than this.

Its all our money where we earned from with out proper sleeping,under the hot sun, after saving of daily food cost we invested in Baja Allianz. Now see who is cheater, who is Begger?

What the company policy you are running? Unable to provide a clarification for customer problem?
what is policy?, it is formed by a organization. Custome is your first priority, if you are not satisfying your customer then why u r running a Insurance company.
G somewhere else where prositution is allowed start a company "Bajaj Prostitution Ltd" then u will earn more money.

Dont suck customer's blood. Its not good for you.

Really a smuggler, killer, cheater, begger, holes, thieves, # are far far better than Bajaj Allianz.

I really ashamed for Invested in Bajaj Allianz. I assure you, definitely Bajaj Allianz will feel for this shortly.
I really ashamed to Invested in Bajaj Allianz.

Its your duty to intimate about the renewal period, termination of policy. You should educate your customer about the termination policy.

You failed to do that and terminated my policy.

I really ask you one question guys, will you accept this kind of depreciation in your Investment?

You should call to customer & create awareness about termination, eventhough we have signed the POLICY DEPLOYMENT documents.

Do you think every customer will remember about the terms & each sentence in the signed copy?

Why are you sucking customers blood?

Till date I have not recieved any "Account Statement" or Break-up of Robbered charges.

I really surprised & shocked when I recieved surrender amount of Rs 3981/- against policy deposit of Rs.20000/-
I suppose to pay Rs 20000/- for next 2 years, which I was unable to make due to personal reasons.
I thought
f paying Rs outstanding Rs 40000/-(for 2years) this month to get/avail my amount Rs 60000/- next year.But when I called to customer care today morning, they dint respond properly.

Still Im requesting, I need a proper justification of my termination, since I have not intimated about the same.

Pls Note:
If I invested that maoney Rs 20000/- in 2008 on "Gold" today my money will be doubled.
Atleast if I deposited the amount in bank for 3 years, I wouldhave got 9% p.a interest.
If I kept the money in locker, it could be the same atlest & safe also.

Now pls think, I invested in Bajaj Allianz in 2008, my amount has gone from Rs 20000/-
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Aug 13, 2020
Complaint marked as Resolved 
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Dear Sir,

Bajaj Alliance Unit Manager So Cheater, They Take money with false promise and never give you good service

Kindly avoid Bajaj Alliance while taking life insurace

Ritesh Bhatia
[protected] and[protected]
agent of bajajalliance took money on 01-03-08 for insurance of my car, but yet not received policy.


dr.nipen kumar.
guwahati, assam
[protected]
very bad campniy...?
plz. cell me ...?
pl tell me your cheque number and date i will try to get it for your and mail u the same

rahul bhadra
[protected]
[protected]@rediffmail.com
pune
Hi All,

I have an frustating experiance with BAJAJ ALLIANCE motor vehicle policy. As per the norms i have paid insurance amount for my vehicle. With in a month my vehicle right door got damaged in accident. I call BAJAJ ALLIANCE customer care for the claim. They said ok and i got repaired my vehicle and got back. Two days later my my insurance agent call me and informed that u there is additional accessory detuctable in my insurance policy and u have signed in that document. So u have to pay Rs.10000. But while signing i have seen only 0 was written in that paper. But such policy was not informed to me earlier and without my knowlege 0 has been changed to 10000(Note: they will mention only number(0) not in words(zero). They can change thet 0 to 10, 100, 1000, 10000 and so on.Likewise after getting my signature he changed 0 to 10000 for geting extra commision. In a same passion i have been cheated by this company.

I HAVE RAISED COMPLAINT AGAINST THIS, BUT THERE IS NO ACTION FOR THEM

So PLEASE AVOID BAJAJ ALLIANCE insurance and go Some other good Insurance Company which provides u feasible policies.
Hi All,

I have an frustating experiance with BAJAJ ALLIANCE motor vehicle policy. As per the norms i have paid insurance amount for my vehicle. With in a month my vehicle right door got damaged in accident. I call BAJAJ ALLIANCE customer care for the claim. They said ok and i got repaired my vehicle and got back. Two days later my my insurance agent call me and informed me that there is additional accessory detuctable in your insurance policy and u have signed in that document. So u have to pay Rs.10000. But while signing i have seen only 0 was written in that paper. But such policy was not informed to me earlier and without my knowlege 0 has been changed to 10000(Note: they will mention only number(0) not in words(zero)). They can change thet 0 to 10, 100, 1000, 10000 and so on.Likewise after getting my signature he changed 0 to 10000 for geting extra commision. In a same passion i have been cheated by this company. Such fake reports and frauds was not controlled by BAJAJ ALLIANCE.


I HAVE RAISED COMPLAINT AGAINST THIS, STILL THERE IS NO ACTION AGAINST THIS COMPLAINT. tHEY ARE TRYING TO SNACH THAT MONEY FROM ME

So PLEASE AVOID BAJAJ ALLIANCE insurance and go Some other good Insurance Company which provides u feasible policies.

Regards

Balaji
bala.[protected]@gmail.com
[protected]
some of private insurance comapnies are cheated the public.
file case in counsurmer court and compasation claim in court cases
From:
Ankit H Kasla B/710 Mangalam apts,
Thakur Complex,
Kandivali (east),
Mumbai-400101 Date: 15 Jun 2009
To,
Bajaj Allianz General Insurance.
Yerawada, Pune.

Sub: Fraud of Insurance Companies.
Sir/Madam,
In the general interest of my people, I would wish to inform the fraud of major
Private insurance companies in India. At the time of enrollment their promises
are many but they fulfill nothing.

I am holding a Bajaj Allianz Health card having it’s:
Policy # OG[protected]-00083918
ID card # STR[protected] Valid Upto: 19 Aug 2010
With reference to the above card, at the time of enrollment the agent had
taken all the details along with a Cheque against which there were
number of written promises. Now when I tried to claim my hospitalization
charges, after along wait of two months and fulfillment of various documentary
requirements, the company has now denied the claim because as per them at
the time of enrollment the medical data given was improper. This is fraud,
because now if they quote that I was not eligible for Insurance then they
should have done my medical check before issuing the insurance certificate
and also not accepted my premium. I hope our constitution have some
regulation to save the public from these kind of fraud companies

Moral is, all these Private insurance companies are accumulating tons of
money from our people and our government is again waiting for a major
scam. I would please request the authorities to intervene and take stirict
action against such companies.

For any queries please feel free to call me On +91-[protected].

Yours Sincerely,


Ankit H Kasla

C/c: 1) Rahul Gandhi 2) Mamta Banerjee 3) Raj Thackrey
4) Consumer cell 5) IRDA.
(I am sending my complaints to my great leaders also because the general public believes that they can do something for us)

Bajaj Allianz — Fraudulent

had taken two Unit Gain Plan through an agent of Bajaj AllianzKailas Plaza PattomTrivandrum 4 Kerala Policy No:[protected] started on Jan 052005 and [protected] started on June 01 2004 and paid full premiums of Rs10000 each for three years. The agent had said that i had provision for full withdrawals after three full paid premiums and that its optional for me to pay premiums after that and the money Ihad paid could anytime be withdrawn by me. I asked for full withdrawal this year after 5 years for which they gave two cheques dated 27 Aug 2009 for Rs.26285 and Rs26992 even though they had assured a sum of Rs50000 each at the time of joining the policy not even the money I had saved and deposited.

Now they are sayingthe policy premiums term is of 09 yearsand Rs.50000 is a Sum assured for that you have to pay premium for 09 full term years. How can the sum be just 50000 when you had pay full premium for 9 years and the would amont to Rs90000.
Dear Ankit
I would give you some practical advice

1.First understand and accept that most of the insurance companies will try to negotiate/avoid the claims by considering their own benifits..If you are daring, face it legally.
2.If you are smart, check with your family doctor about benifits and disadvantage of the health insurance policy before joining. Don't invest your money in unreliable health insurance

3.Other option is, you never go for any medical insurance policy, instead you open a recurring deposit in your saving account/put up a reasonable amount for your health related issues.This is your money, you can take it at any time.
Will get back to you in 2 working days or you can also call on


TOLL-FREE Customer Care Numbers
BSNL[protected]
TATA[protected]
Bharti[protected]
Reliance[protected]

Standard STD Rates Apply
Tel. : (+[protected]
Fax: (+[protected]
E-mail: [protected]@bajajallianz.co.in
We have replied to you via mail with the policy details would request you to pls go through the mail and call the toll free no in case of any problem.
Dear Sir,

This is with reference to your complaint regarding the policy numbers [protected] and [protected], we have tagged your complaint under I track Number: 2406895.

We deeply regret the inconvenience caused to you.



You had opted for “Unit Gain Main Cover”, for the policy number [protected] premium term was 9 years and benefit term was 14 years. The policy number [protected] the premium term was 10 years and benefit term was 15 years.

We would like to inform you that as per terms and conditions of policy the 3 years is a lockin period and after that policy can be surrender.

The above mentioned policies the Sum Assured was Rs 50000.A guaranteed amount is payable on death of the life assured, which is

called the “Sum Assured”.



At the time of Maturity and surrender of the policy the policyholder will get the Account value as per the NAV of that day therefore you have received the Rs 26285/- and Rs 26992/- cheque.



For further clarification please revert back to us.



Thanks and Warm Regards,
sir
plese send to detail my Motor Vehicle policy. Polcy No. BZ[protected]
The details pertaining to the case of Mr. Ankit Hasmukh Kasla are as follows, 1.Claim intimation received at HAT on toll free no. on 27/03/09 and claim registered towards the same. 2.Claim documents received at HAT on 01/04/09 for admission in Sadanand Danait Hospital-Jeevan Vikas kendra for Convulsions aith Hypertension. 3.However the discharge summary was scratched to conceal the past history mentioned on the same.(copy attached).4.Hence claim handed over to investigator to rule out the past medical history with duration for Mr.Kasla on 08/04/09. 5.Investigation report submitted on 23/04/09 revealed that the insured was admitted for Obstructive Hydrocephalus for VP shunt and Hypertension on 22/07/07.(copy attached) 6.The proposal form for Star Package policy received from the insured on 16/08/07 without any declaration (copy attached). 7.Hence in the view of above facts the claim was repudiated on  04/06/09 as per policy clause C1 and 13a as the ailment is pre-exiting to the policy inception and the same was not disclosed on the proposal form.

Bajaj Allianz — fraudulent practices

Dear Sir,
I had taken two Unit Gain Plan through an agent of Bajaj Allianz,Kailas Plaza, Pattom, Trivandrum- 4, Kerala. Policy No:[protected] started on Jan 052005 and policy no:[protected] started on June 01 2004 and paid full premiums of Rs10000 each for three years. The agent had said that i had provision for full withdrawals after three full paid premiums and that its optional for me to pay premiums after that and the money I had paid could anytime be withdrawn by me. I asked for full withdrawal in the year 2009 after 5 years for which they gave two cheques dated 27 Aug 2009 for Rs.26285 and Rs26992 even though they had assured a sum of Rs50000 each at the time of joining the policy not even the money I had saved and deposited.
Now they are saying the policy premiums term is of 09 yearsand Rs.50000 is a Sum assured for that you have to pay premium for 09 full term years. How can the sum be just 50000 when you pay full premium for 9 years and that would amount to Rs90000.
Awating a favourable reply.
Dear Customer,

We've received your request.

Can you please send us your contact details on help.[protected]@bajajallianz.co.in.
We will get back to you very shortly.

Regards,
Bajaj Allianz
Dear Customer,

Bajaj Allianz always values its customers and hence is very sorry for the inconvenience caused to you.

Please note that we have received your request. Can we request you to mail your details at help.[protected]@bajajallianz.co.in? Our support staff will soon get in touch with you.

We would like to inform you that we have created a separate customer care portal http://support.bajajallianz.com/support/ where you can post your queries.
We appreciate your patience and time.

Thanks and regards
Bajaj Allianz Customer Support

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