[Resolved] Bajaj Allianz / Max Advantage Insurance Plan — Deduction of unnecessary charges from my policy

prasanna dugar

Address:

East Champaran, Bihar

Dear Sir,

I have bought a policy of Bajaj Allianz in 04/01/2011 named MAX ADVANTAGE INSURANCE PLAN, i have paid a premium of Rs.50000/-and i receive the policy document on 7/01/2011 .and i had request to cancel the policy during its free look period
i had submitted all the related documents on 18/01/2011 in Raxaul branch.
while talking to its customer care they have told that you will be refunded full amount of premium paid while cancelling the policy in free look period but the company have refunded Rs 44404 only they have deducted Rs5596
so i want my money back
waiting for your reply

vidhya devi dugar
mobile:[protected]
Email:[protected]@yahoo.co.in

Was this information helpful?

No (0)

Yes (0)

Aug 13, 2020

Complaint marked as Resolved

Related Bajaj Allianz reviews

View all 2209 Bajaj Allianz Reviews

Comments

viveksbp

from Pune, Maharashtra

Dear Bajaj Allianz,

Please let me know in this age of computers also, whether you people still using retired head clerks from different banks, that you people are making such big mistakes and harrassing people, whether you would be giving any interest to vidhya devi dugar.

No I guess, but ypou people can charge unwanted n unnecesary charges.

I was thinking of going for MaxAdvatage plan, but after going thru all your reviews, i have dropped my plan.

Thanks.
Vivek
vivek.[protected]@gmail.com

bibek goyal

from Delhi, Delhi

Bajaj Allianz — deduction of unnecessary amount.

Respected sir / mam,
I had purchased insurance policy no[protected] from Bajaj Alliance from siliguri west Bengal six years ago in the year 2005.As per SEBI rules insurance holder have right to withdraw 100% of his amount after 5 years without any penalities and charges , And the same information was given by the company to me, But today when Ia m in need of money in 2011 in the month of march, companies manager are not willing to return me back my sum invested
I have invested Rs. 30000 in three yearly instalments.Now after 6 years I need money but manager is not willing to return me back whole amount. He is telling me that 55% of first instalment will be deducted from your amount .
Sir do you think it is right? According to SEBI any mutual fund insurance holder can withdraw his / her 100 % amount after 5 years.so why are they charging me Rs. 5500 to withdraw the amount??
They also told me that do whatever you like we are not bothered. No one can do anything go wherever you want. So I finally thought to take consumer forum help and im sure matter will b etaken into consideration

Please take the matter into look

Thanking you
Yours faith fully
Subhash goyal
Siliguri

Bajaj Allianz_Customer care

from Pune, Maharashtra

Dear Customer,

May we request you to send us your complete contact details, Policy No. and e-mail-id on help.[protected]@bajajallianz.co.in OR [protected]@bajajallianz.co.in.

Regards,
Bajaj Allianz

B10743584182

Dear sir,
I am policy holder of Bajaj Allianz Max Advantage Insurance Plan, I paid two instalment . Now three instalment remaining. Now I am in Nepal.I am doing business here.After mature my policy how can I get my assured amount in Nepal.Sir, Please let me know about it.Also I want to know how can I check through online my regular payment paid or not?
Binod Shrestha
[protected]@yahoo.com