[Resolved]  ICICI — misleading by icici policy of invest cash shield back policy

Address:

Maharashtra

dear sir,
My self Mr.Manoj Mahadeo Mendhe,MY policy no.11543687.we received a call from india infoline by name of ICICI on date 14 march 2009 that we selected for 1 year free policy.then after that the executive by name Mr.sheikh living in akbar plot,AKOLA guided us about icici invest cash shield bak policy he told us following points:-
1.after 3 years regular premium payments the benefit is you can remove your premiums with benefits and also discontinue the policy

2.he dont told about 55% premium allocation charge will be deducted in 1st year premium and 20% in 2nd year.

3.he told us that after 5 year premium payments you need not to pay afterwards it will be paid by your interest.

and when we complaint to icici,they give us complaint id no.21944033 bt no response yet
we received email from them that you should change the policy in free look period of 15 days but sir me and my wife we was busy,hence we not read policy documents in those 15 days.

kindly,give us proper solution.
thanking you,
Mr.MANOJ MAHADEO MENDHE
mb.[protected]