[Resolved] Bajaj Allianz Life Insurance Company Ltd. — Fraud | |||
Dear Sir I am Chandrakant Kumar from Gaya district in Bihar Let me bring to your notice that I have been cheated by Bajaj Allianz Life Insurance Company to such an extent that I have been loosing all my faith over humanity. I took a life Insurance policy in the year 2009 with policy Number: [protected]. I was supposed to pay a premium of Rs 138000 per year. The third premium which I paid in the year 2012 was used for a fresh policy on some one else life keeping me in a perception that my policy is in force however my policy went in a Lapse mode because of non payment of premium. The Premium was paid via Demand Draft number 029329 payable at Bank of India Gaya Branch dated 18/08/2012. The story doesn't ends here I paid another premium of Rs 400000 via cheque Number 415529 (HDFC Bank) as a renewal premium for policy number [protected] on 28/03/2012 which again was used for a new policy on some one else life with different Address and false documents. The second policy too went into lapse mode. More over since the future premium was not submitted hence the policy was foreclosed and an amount of 55000 was returned by the company this May. Please note I took this policy for some profit however this has incurred me heavy loss because of this unprofessional act.I have already submitted my complains to the Bajaj Allianz people but no such action has been so far taken. I strongly demand an inquiry in this case and strong action to be taken against the culprit. The Demand Draft and the cheques were collected by the Branch Manager Madhukar ji Madhu and Sales Manager Ajay Kumar Mishra. Both of them belong to Gaya Branch. I have suffered both Mentally and Financially and demand compensation along with the Principle amount Cheated. My mobile number is :[protected] Alternate Number: [protected]. Regards Chandrakant Kumar Gaya Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 9 Comments | |||
Comments
BAJAJ ALLIANCE COMPANY LTD., — DEATH CLAIM NOT YET RECEIVED
Dear Sir/Madam,My dad Mr. S.K. Parthipan was having his Salary account in Axis Bank. A/c no: [protected] expired on May 17th 2008 due to Road Accident. As per procedure we were informed from Bank that Bajaj Alliance will be settling the claim for 2 Lakhs as accidental claim, since they are detecting yealy charges for all the customers. As a follow up, we sent the details legal heir certificate and all the other proofs for claim processing.
But the claim has been rejected from BAJAJ ALLIANCE mentioning there is a need for the account holder to maintain 2500 as quartely balance to cover under insurance coverage.
But he was having salary account and there is no neccesity for maintaining balance. If the insurance is covered only for the savings account, then why have you detected the fees for insurance in salary account.??? If I enquire in bank, they are telling that there is no need to maintain quartely balance and the claim is genuine. But still now they have not taken any action on this.
Kindly help me as we are in high distress and suffering a lot. This would be really helpful for us. Or should i do any legal formalities or need to get approval from Human rights or any other sources. I am ready to get the things done for getting this claim.
bajaj allianz life insurance company limited — No contact for premium payment
Policy no:[protected]Date of commencement of policy :03/07/2007
DOB : 02/08/1968
I have not paid after my 1st premium.Can i do it now & how?
Thanks
B.C.Sharma
Bajaj Allianz Life Insurance Company Ltd. — No sum assured given on death claim
Policy no:[protected]company name:Bajaj Allianz life insurance
My name is Ramilaben kiranbhai shah. My husband have policy in Bajaj Allianz life insurance company. He has paid for 4 years. for this policy regularly. On 17th july 2009. he was died as per nomination i am nominy of this policy. As per policy the sum assured is 1,15,000 Rs. + bonus for same years. but company pass my claim only Rs. 51,390 Rs.
so, sir pls help me to get my exact claim amount from company. even when my husband call to customer care in january 2009 for surrender policy the customer care person told him that dont surrendar your policy. If you dont pay policy premium as you have paid for more than 3 years your
LIFE COVER will remain continuous. so my husband has not surrendar policy.
So, please help me to get my exact sum assured amount and bonus amount.
yours faithfully
Ramilaben K. shah(Mob no:[protected])
Sir we can send the Revival quotation & procedure how you can revive your policy but we would require your.
We hope your issue has been resolved.
Dear Mr Chandrakant,
We would be happy to thoroughly investigate and address your concern. We have noted your policy details and shall get in touch with you soon to address the matter.
Regards,
Bajaj Allianz
Life Insurance
We would be happy to thoroughly investigate and address your concern. We have noted your policy details and shall get in touch with you soon to address the matter.
Regards,
Bajaj Allianz
Life Insurance
Dear Sir
First of all I would like to thank this site for the speedy response and the ownership to provide the justice to the consumers. Just want to inform you after the complain all the grievances have been settled by Bajaj Allianz and my money has been returned back and some amount has been adjusted in a policy of my choice . I wish to withdraw the complains against Mr Madhukar ji Madhu and Ajay Kumar Mishra as my problem has been resolved. Would like to extend my thanks once again to the Consumer Forum for the support however I would not be willing to be harsh towards any of the Employee of Bajaj Allianz hereby would like to withdraw my complain and would request you to consider it as Settled.
many thanks and Regards
Chandrakant
First of all I would like to thank this site for the speedy response and the ownership to provide the justice to the consumers. Just want to inform you after the complain all the grievances have been settled by Bajaj Allianz and my money has been returned back and some amount has been adjusted in a policy of my choice . I wish to withdraw the complains against Mr Madhukar ji Madhu and Ajay Kumar Mishra as my problem has been resolved. Would like to extend my thanks once again to the Consumer Forum for the support however I would not be willing to be harsh towards any of the Employee of Bajaj Allianz hereby would like to withdraw my complain and would request you to consider it as Settled.
many thanks and Regards
Chandrakant
Bajaj Allianz Life Insurance Company — PF NOT SETTLED TILL DATE
i had worked for Bajaj Allianz Life Insurance Co. Ltd. at Patna and dhanbad Branch from 03/10/2004 to 30/11/2005 but my PF has not been settled till date... SANTANU EMP .NO.1106(OPERATION)Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good
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Bajaj Allianz Life Insurance Company Ltd. — mobile deactivate
my mobile no is [protected]. not to be used plz deactive or disconnect early on the day. i am complain mamy many time but my request no listen your company. your company is not good. plz contect no [protected].