[Resolved]  Kotak Mahindra Life Insurance / U - Lip Plan — misselling of policy no. 01113519

Dear Sir,

I took one policy no. 01113519 on 27/06/2008. When agent came to sell the policy he promised me as under :-
1) I have to pay the premium for 3 years.
2) I will get rs. 1 lac & 20 thousand after 3 yrs.
3) I will a death cover of 10, 00, 000

but now when the renewal of policy has come I came to know that after paying for three yrs i.e Rs. 60, 000/- I will get only Rs. 40.000/- which seems to be strange.

I also did not read anything filled in the form as it was written in English, when I visited kotak office I came to know that there is a person mentioned who supposedly made me understand the contents of the form whom I HAVE NEVER MET AND DON"T KNOW HIM they cheated me.

I am a poor female aged 48 yrs and have studied upto 8th standard and lives in small sectorin faridabad. My daughter has to be married shortly for which I am collecting and in this hope I invested in kotak life Insurance plan after breaking my fixed deposit in bank which i collected after cutting my stomach from last 10 yrs.

I don't have any source of income but than even i manage that 20, 000 but now I got fake from their side.

After one year of pains which i suffered, I would like to request you to kindly make my money refund my hard saved & earned money which i can use for my daughter's marriage.

I visited their kotak office for 20 times for any solution but no one show me right way & now they don't even reply my phone calls.
I losing my hope from their I come to u in this hope, that you will help me in refunding my money from them.

I am enclosing my complaints in hope please sort out my problem as soon as possible
I will be very thankful to u . I will give you my blessings my child please elp me.