[Resolved]  Bajaj Allianz Life Insurance — No service/ claims of money

Beware of one more fraud company called Bajaj Allianz Life Insurance.
No service even after proper payment.
No claims bonuses.
All thier terms and conditins are fake.
Bajaj Allianz is a fraud insurance company.

Stop buying life insurance from Bajaj Allianz or loose your hard earned money.
Stop buying life insurance from Bajaj Allianz or loose your hard earned money.

Stop buying life insurance from Bajaj Allianz or loose your hard earned money.

Stop buying life insurance from Bajaj Allianz or loose your hard earned money.

Stop buying life insurance from Bajaj Allianz or loose your hard earned money.


My name is surendra and I got cheated by Bajaj Allianz Company and thier workforce. I have taken a plan from Bajaj Allianz in the year 2006. My policy no is [protected]. I have mutiple plans from this company but most of them have no service and all cheating. My other plans are
[protected],
[protected]

With reference to [protected]

As per the terms and condition mentioned in the offer document they were supposed to provide proper service and ontime bonus. But the stupid and illiterate work force of Bajaj Allianz is not at all capable of giving any service even their development officers are not aware of ther terms and conditions properly.
They made dozens of typing mistake in entering the information from my application to their records. When I requested to change they have stopped replying to my mails and their worst customer care service requires at least wait of 1 hour on the phone. Its almost 1 year and no correction even after visiting their office
I visited the office in Kukatpally Hyderabad, and S. R. Nagar Hyderabad and given written request even then they have not done anything yet. All fake people in this comapany.

They enter wrong information after receiving the money and then when you or someone of yours will go for service/claim they will reject the you saying the information is not matching with their records and finally they will eat your money and escape from the payment of the claim. This way the Bajaj Allianz company and thier employees able to survive. But the good days of companies like bajaj are just about to finish as people are understanding their cheating strategy. All these fraud insurance companies will vanish from the indian market because international cos are entering into the market and learning from the mistakes of fraud company.
Was this information helpful?
No (0)
Yes (0)
Aug 14, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

My Father was misguided with wrong informations from the Bajaj Allianz people. All of his Hard earned money (around 5.5 Lakhs) were taken by this company as first premium. I dont understand how can you provide a policy with a premium of 5.5L per annum to a service class person who is already retired from his services. All of his Gratuity and PF were taken towards this 1st year premium and when he was not able to pay the second year premium, his life insurance policy was forfeited.
The policy says around 74% of the money will be reinvested in some funds and at the time of maturity, the current fund valve will be paid.
Unfortunately he passed away in the second year of the policy, the second premium was not paid. now these buggers are not settling the fund investment as well. This is a simple case of cheating in India and i would advice all my firends and known person not to get tied with any of these fraud companies growing in the indian market.
nothing to be result getting...

visit blog page: http://madlani.blogspot.com
nothing to be result getting...

visit blog page: http://madlani.blogspot.com
bajaj allianz is a bad spot on all life insurance cos operating in india. It's foundation lies on false promises, bad record entry and ultimate aim of these buggers are to forefeit your hard earned money. These buggers are interested in only one thing that is collect your money and eat it. The aid publicised in TV should have a crocodile which comes to door of those fish on receipt sms at any time of day or night.
Yes... this company is fraud and cheater, , , , , really stupid company... Please do not go to any policy ... BIG CHEATERS...

Please help how to file a case with consumer court... i want my money back badly... please friends help me...

Myself was misguided with wrong information from the Bajaj Allianz people. All of his Hard earned money (around 30 k) were taken by this company as first premium. The policy says around 74% of the money will be reinvested in some funds and at the time of maturity, the current fund valve will be paid that lesser than the paid amount.

I dont no how the indian govt approving such policies ... how these people can take our money.. ????
Yes ... it BIG fraud Bajaj Allianz Life Insurance... every plan this company offers is a fraud.

VERY BIG CHEATER ... !!! you can not imagine even !!!

Myself misguided with wrong informations from the Bajaj Allianz people. My Hard earned money (around 25 Thousends) were taken by this company as first premium. When asking for cancellation they are telling me you will get 30% of your last 2 primiums (ie., if i pay 75000 then after 3 years i will get 15000). Rest of the 60000 is for processing feee... Anybody can imagine ??? Yer really policy is like this ... They are simply saying as per policy normssssss...

Please friends please help me to get my money back...

My Polacy Number: [protected]

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
    2209
    Pending
    0
    Resolved
    1674
    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