[Resolved]  ICICI Pru Cash Back — CHEATING

Address:Karnataka

I had paid ICICI insurance premium for a period of 4 years on 2003 at Bangalore for an amount of Rs.633/- monthly amounts to Rs.29000/-(Twenty Nine thousand)

Now I surrendered the policy and they say that they will deduct Rs.20,000/-(twenty thousand) as surrender charges and pay me only 9000/- Rs which i feel is day light robbery.

The policy was lapsed on 2007 due to change in my bank account as its was ECS. The company never called or reverted to my calls ever to guide as how to proceed on the matter as i wanted to continue the policy with them.Now they are taking more than 60% of my money as Surrender charges which is atrocious.
Was this information helpful?
No (0)
Yes (0)
Aug 13, 2020
Complaint marked as Resolved 
Complaint comments 

Comments

That is indeed a day light robbery!!
Did they at least pay you the guaranteed survival benefits at the end of 3rd year ?
Dear Mr. Pillai,

We regret the inconvenience caused. We request you to help us with your contact and policy details to assist you .

Alternatively, you may also post your concern along with your policy details on https://onlinelifeinsurance.iciciprulife.com/digital/ipru/GrievanceRedStep.htm?e...
Request you to quote the reference number 112635 whilst sharing the details. Post receipt of the requirement, our representative will get in touch with you within 48 hours.

Regards,
ICICI Prudential Life Insurance

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    ICICI Prudential Life Insurance
    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
    56%
    Complaints
    1331
    Pending
    0
    Resolved
    731
    ICICI Prudential Life Insurance Phone
    +1 860 266 7766
    ICICI Prudential Life Insurance Address
    1089, ICICI Prudential Life Tower, Appasaheb Marathe Marg, Prabhadevi, Mumbai, Maharashtra, India - 400025
    View all ICICI Prudential Life Insurance contact information