[Resolved]  Bajaj Allianz 's New Family Gain — Details

I joned in the Bajaj allianz 's New Family Gain ,Premium amount -25000/- per year.Already 2 years premium paid.In policy it is showing term of 10 years.I decided to withdraw the amount after paying 3rd instalment.Can i withdraw the amount before the completion of the term?Totally i will invest 75000 ,how much amount Ican get after 3rd intalment payment? You are requested to advise regarding this matter.
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Complaint marked as Resolved 
Verified Support
Nov 12, 2015
Bajaj Allianz Customer Care's response
Dear Swamy, We request you to kindly share your policy details with us, so that we can assist you better. Regards, Bajaj Allianz Life Insurance
Complaint comments 

Comments

Life insurance — cant get a value on my family policy

it is so hard to simply get the value of a life insurance family policy i call and no one seems to want to repsond and there is no way to go beyond the local guy there is no central control and no way to ask for a copy of you policy

new family gain — policy status

i have a bajaj life insurance . i have already pay two premium of Rs.20000 anualy. at this moment i want know my policy status after deposit the second premium.

new family gain — non receipt of policy bond

Policy committed on 21st Aug 2008,
Policyholder name- Lal babu singh with
policy no- [protected].
Till date policy bond is not received, so kindly look into the matter to solve the hindrence, as soon as possible.
I want my account
I want to see my account
my policy no [protected]
As there is no contact information, please contact the nos below and we will be happy to help you.

Helpline Number
LIFE INSURANCE
Toll free numbers Standard STD rates apply
MTNL/BSNL[protected] Tel (+[protected]
Tata[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
Reliance[protected] SMS [protected]@56070

GENERAL INSURANCE
Toll free numbers Standard STD rates apply
Any Landline/Mobile[protected] Tel (+[protected]
MTNL/BSNL[protected] Fax (+[protected]
Bharti[protected] Email [protected]@bajajallianz.co.in
MY POLICY NO IS [protected] FOR NEW FAMILY GAIN.I WANT THE STATUS OF MY ACCCOUNT.PLS SEND THE DETAILS THRO MY EMAIL ID


THANKS & REGARDS,
P.ABDUL KADAR JAILANI

new family gain — PRODUCT CHEATING-REG

Sir,
My Policy no.is [protected] in the name of C.R.Seshadri and I saw in your web sie that one complaint regarging cheating 70% of the amount of investment in the above product, I enclose herewith the copy of the complaint taken from the site for your reference. I want to know whether it is true. Please reply immidiately to my mail id cr.[protected]@gmail.com without any delay.


Enclosure taken from your web site
*****************************************

Cheating 70% Entry Load
Hi All,

dont ever go for this Bajaj Allianz New Family Gain Life insurance policy.

One of the cheating policy, as i invested 11000/-rs in first year of policy. i got statement from the company 30% of funds are invested and 70% unallocated portion is utilised towards the management and business acquisition expenses.

all your investments are totally cheated by the company. An in 30% of fund invested they remove the mortality and fund maintenance charges around 1600/-rs with in a year


so u totally get 1500 rs invested for 11000/- investment at the end of one year

so cheating company bajaj allianz dont invest
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i m mr Janaki sahu . i want to know my status . my policy no[protected] . Plese send me inquiary my e mail addres ([protected]@gmail.com)
my policy no is 32470487. please send me details.
MY POLICY NO IS [protected] FOR NEW FAMILY GAIN.I WANT THE STATUS OF MY ACCCOUNT.PLS SEND THE DETAILS THRO MY EMAIL ID
i, ms kamlesh tiwari, my new family gain policy no-[protected]. i have paid 36k in 3years. plz tell me how much value of my fund. and send all information my email [protected]@gmail.com plz urjent
Dear,

Sir/Madam,

My Policy No. is [protected]..Plz send me the detail about my policy in E-mail ID- abhijitt.[protected]@rediffmail.com OR dey.[protected]@gmail.com

new family gain — UPDATION OF E-MAIL ID

Sir,

This is to inform you that I am not receiving mails regarding statements in that Policy No. ([protected]) NEW FAMILY GAIN.
Please update my e-mail ID ([protected]@yahoo.com).


Thanks & Regards,
Sumit Lohani
Really Bajaj Allianz cheats the customer. I have taken policy as "Family Gain" from Bajaj Allianz. Now i want to surrender my policy after completion of three year. But they are asking charges as 25%. At the time of joining no one told me this. Also my fund value is around 19000 and I paid premium of 30000 so far. If I pay 25% surrender charges again then it will get 14000 in hand. So there is more than 50% loss in this policy. There is no use of calling customer care or registering complaint. If I call customer care then they will send me PDF of account summery and tell about the insurance benefit. This is my mistake that I Choose Bajaj Allianz. At this time i need money, but i won’t get at least my invested amount properly.

Details of Family Gain policy after three years
Total premium paid - 30000
Fund value -19000
Surrender charges - 25%
Take home money - 14000

So don’t go for Bajaj Allianz or any policy from private company. I[censored] want policy then go for LIC where they will give u assured amount.
MY POLICY NO. IS [protected] PLEASE MAIL MY ACCOUNT STATUS AT MY EMAIL I.D. [protected]@gmail.com
my policy no. is [protected].please tell me about my policy status and also value.on my e.mail-([protected]@gmail.com)
Bajaj allianz, kotak mahindra these all are fraud & cheater companies.
They have prepared their sales team to make false promises & sale the product.
Only they know well is how to cheat people & take their hard earned income & become reach.
Do not invest in these companies otherwise forget about profit you will beg for your principal amount invested with them.
It will take all your term ie.10 years or 20 years to get your investment amount on no profit no loss condition.
They have various deduction charges.
I had taken policy with Bajaj-New family gain & till date after 6 years, I am not near to my principal invested amount.
In first year only 30% amount is invested & after that continuously 97% amount is invested by them & then also there are so many other charges.In all this case you will not get profit.I am just waiting for my principal amount, as soon as it will reach I am going to surrender.
I have suffered from these 2 companies so want to alert others.
please get me my policy details.policy number is [protected].mail id [protected]@gmail.com.

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