[Resolved] ICICI Prudential Life Insurance — Wants to surrender Premier life pension Rich fund with in Free look time

[Resolved] ICICI Prudential Life Insurance — Wants to surrender Premier life pension Rich fund with in Free look time

S Sunil Kumar Jagasia from Delhi, Delhi

I gone for Premier Life Pension Poilcy ( Rich Fund) No 10432928 on Nov 20, 2008 I would like to cancel this as M/s India Infoline gave totally wrong information ( Mr K Jagga Rao Cell No [protected] ) aboutthis product that after 36 month you will get Rs 12.77.000 you have pay only 60, 000 / years as premium for 2 years only etc etc and I send 5, 00, 000 on this in in todays market condition When I went to ICIC Prudential office in Banjera Hill today ( Dec 3, 2008 ) to canecl They says that the refund will be based on today NSV means I will ne lossing appro 70 to 80, 000 Rs Pl note that I am having ICICI bank a/c since 1999 and having Life insurance Policy also I am worried about all this after seeing all this Can you get my full Rs 5 lac back to me I hope to get positive reply Thanks S K Jagasia VP - Composite sleepers [protected] Was this information helpful? No (0) Yes (0)
Aug 14, 2020 Complaint marked as Resolved
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Comments

VASANTHA RAJAN

from Madurai, Tamil Nadu

Dear Sir,
I have invested Rs.1, 50, 000/ in your policy as per the advise of the consultant Ms.Bluechip. My policy no. is 05769170. I understand that the market value had dropped almost 50%. As I am already 60 years the financial consultant should nothave recommended this plan to me. I have specifically informed them that I need a plan which will fetch a monthly income. Under the above conditions I would like to convert the so far accumulated funds to an alternative insurance plan. Kindly advise me in this regard
regards
vasantha rajan
[protected]

mehar g ramesh

from Madurai, Tamil Nadu

There is no proper information from the agent or from the bank regarding the RICH FUND icici prudential, simply, they have advertised in the cable, tv and pamplets attracted huge amount from the public and kept quiet. There is no proper insulation for the funds invested, and the bank managers are cordial when accepting the funds, and when we go for clarification, they are not in a position to clear our doubts. It is simply waste of time and energy dealing with icici

g.padmaja

from Madurai, Tamil Nadu

I agree on the complaint of mehar, and i am also not happy with the way, the fund value of the rich fund, the bankers say, so may stories, but in vain. very bad investment in the year 2008 putting hard earned money in icici prudential life insurance rich fund,

Mr. Joginder Paul

from Satara, Maharashtra

I am also suffering from ICICI PRUDENTIAL because they change the policy from BALANCER FUND to
FLEXI GROWTH without my consent due to which i suffer[protected] loss .

raja

from Gudivada, Andhra Pradesh

i had invested 50000 in rich fund...they are saying that you would get the double amount after 6 years...is this correct...please tell me...

K Raghavan

from Bengaluru, Karnataka

I agree with the complaint of Vasantha Rajan . The consultants are misguiding the investors and are not highlighting the products that suits the investors.the factors such as age, premium payment capacities are not taken into account while suggesting the investment options. I was made to believe that the investments under ICICI Prulife are single premium whereas the scheme requires periodical investments with lock in periods.The fact is coming to light only when we read the policy documents.I incurred huge loss when I was not in a position to pay subsequent premiums. Consultants are doing business just to earn their commissions and achieve their targets. I request the investors to be cautious with consultants/fund managers before venturing into any such investment.
K Raghavan Bangalore

mehar g ramesh

from Madurai, Tamil Nadu

the agreement says that, after three years, you can get the 96% of the Ist year full premium, paid amount. it is a cheating and great loss.

srinivas j

i MR J.Srinivas was taken policy by 2009 december with policy no.13165718 but to day i am planned to surround that policy.shall i surround that policy immediatly.but your icici prudential office people are not giving proper response at chitradurga(karnataka state).

regards,

j.srinivas

ph:[protected]&[protected]

ICICI Prudential Life Insurance Customer Care

from Mumbai, Maharashtra

Verified Support

Dear Mr. Srinivas,

We are regret the inconvenience caused. We understand our representative has contacted you and acknowledged your concern. Please be assured that the concern highlighted by you is currently being reviewed and we shall keep you posted on the further development of the case.

Regards,
ICICI Prudential Life Insurance

ICICI Prudential Life Insurance Customer Care

from Mumbai, Maharashtra

Verified Support

Dear Mr. Srinivas,

We wish to inform you that the concern highlighted by you has been reviewed. Accordingly, a communication has been sent on your registered email address with the details of the resolution offered.

In case of any further clarification, please contact us on our Customer Care number[protected] or write to us at [protected]@iciciprulife.com.

Regards,
ICICI Prudential Life Insurance

Prabhakar Konkar

from Vasai-Virar, Maharashtra

Paid the premium on 31/5/2013. Not Reced the recipt as yet

I have received your msg on 3rd June that you have send the recipt by post but I want to inform you that till today I have not received the receipt. Kinly look into the matter. and inform me/