[Resolved]  ICICI Prudential — ICICI Prudential policy sold on false commitments

Address:

Maharashtra

I got a phone call from number [protected] in November 2012. The lady caller claimed to calling from ICICI Prudential head office and stated that if I take a policy with premium of Rs.30,000/- I shall get a vested bonus in the form of scholarship of Rs. 1,04,000/-, by May 2013 . The lady also said that, this is a special scheme choosen for only 10 customers and hence there is nothing mentioned on application form related to vested bonus/scholarship and I would get a separate document within a month on which the bonus amount would be mentioned. I bough a policy with premium Rs. 30,000/- . I received policy document within 15 days but did not receive any document further to this. The document is not yet received even after 5 months and I have been following with her on above mentioned number , but to no avail and now see is not picking up the phone too. Also I was told that I can cancel this policy any time within 1 year , amd get full refund of paid amount, but now ICICI customer care executive is telling that, if I cancel this policy , I shall get no refund.On the policy document the corporate agent name mentioned is " Netambit Insurance Broking India Ltd. " I am very much confident that I am duped by ICICI prudential , by selling this policy on false information . This is really a very bad practice . In my life I shall never refer any product of ICICI to anybody . I shall tell all my relatives and friends and whoever in my vicinity to break all relationships with ICICI if any. Also I am consulting a lawyer and planning to sue ICICI on the basis of phone call records of conversations with the lady which are available with us.

Rgards, Kailas Jadhav-[protected]