[Resolved]  Kotak Life Insurance — Forgery by Kotak MF Agents and Staff

Address:South Delhi, Delhi

1. One of the Agent (Nitin) of Kotak Life Insurance called me to briefed me about the Kotak Superadvantage policy and sent one of his executive to my residence for further details. The executive explained me about the policy and told some benefits that were very attractive. The benefits included No premium to be paid after 4 years, 200% bonus at the end of third year.
2. When I asked the executive for the written proof of the above mentioned benefits. I was told that the benefits are special offers for a limited period only and will be printed in the policy documents only. But to my surprise when I received the confirmation call from your insurance call center they denied of any such benefits. To which I instructed them not to forward my documents for further processing.
3. This time as well the executives surprised me by processing the documents further and sending the final policy documents. To which I reacted immediately and called the customer care department and asked them to check their call logs for such conversation and cancel my policy. They arrange a call with the agency who then sent one of their executive (Mr Deepak) for the collection of the documents. The executive then collected all of the documents along with a hand written letter for the cancellation of the policy and never returned back with the receipt. Till date I am struggling with the insurance company to get the policy cancelled and my money back. I have written emails to the customer care and grievance officer but all going to dead ends.

My details are as follows:
Name: Tarun Jindal
policy#: 01895999
Mob: +91-[protected]
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Aug 13, 2020
Complaint marked as Resolved 
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Dear Mr Jindal,

At the outset please accept our sincere apologies for any inconvenience caused.

Reference to your Policy we are coordinating for a detailed investigation and our Customer Care team will coordinate with you directly on your contact number.

For further queries, please feel free to write to us at kli.[protected]@kotak.com or contact our Client Service Desk on[protected]Toll Free).

Regards, Kotak Support Team
Dear Kotak Support,

This time again no call from your customer care department. I am seeing your detailed enquiry from last more than a year but have not received any call from your customer care department. Your standard messages in these cosumer complaint sites will not build the buyer's confidence. The only thing that can work is your speedy resolution to the issues.


Regards,
Tarun Jindal

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