[Resolved]  ICICI Prudential — wrong information

Address:Ghaziabad, Uttar Pradesh

My name is Pramod kumar sharma i have taken icici prudential policy No. 13924907 through noida branch executive Mr. Kunal Mob. No.[protected] & Mr. Rajeev mob. no. [protected] thay promise & commitment that in this policy ( Icici assure wealth plan) no allocatin will be added &from tha 2nd year 4% charges will be added & they promise also that when policy will be registerd 24 inch LCD TV & personal loan only 6% interest will be provide icici. but when i recieved dated 31/05/2010 i saw that 100% allocation charges added my policy & i confirm customer care that there is any gift fom icici in this policy he said no. i shocked & i call to Mr. Kunal & Mr Rajeev he did not recieve the call. no i decided that cancel this policy & action should be taken Mr. Kunal Y Mr. rajeev to wrong information for making the customer
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Aug 13, 2020
Complaint marked as Resolved 
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Insurance is offer and acceptance. Offer from Customer side and acceptance from Company side. So No company will give rebate for taking life insurance policies.

Regarding the plan you have taken, the first year your premium will not be invested in the market, from second year the money will be invested in the market based funds. You need to pay minimum period of 5 years. If you wait for 15 years, your first year premium will be added to your account as 120%. If you pay more years, the percentage of your first year premium increases.
This is a whole life plan.

If you would like to cancel the policy, it should be done within freelook period, i.e. 15 days of the receipt of the policy document

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