[Resolved]  Max Life Insurance — withdrawal of the policy amount

Address:East Singhbhum, Jharkhand

Dear Sir,
I am having policy number[protected] of Max Newyork Life Insurance Policy . I bought policy in 2004 and paid the premium till 2006. Because of some reasons I was not able to continue the premium after that. Now I want to withdraw the amount. Kindly advise what to do? My. mobile No. is [protected].

With Regards
Rania Mardi
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Aug 13, 2020
Complaint marked as Resolved 
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Dear Customer,


We have noted your concern. Our customer service representative was trying to contact you at [protected] however could not speak to you.
We request you to please provide us the suitable time & an alternative contact number to call you to address your concern.

Sincerely,
Max New York Life Insurance
Dear Customer,


We would like to inform you that basis the Proposal Form submitted by you, the Company issued the above mentioned policy with effect from Feburary 04, 2004 for an annual premium of Rs.8022.00 The Policy Documents comprising of the Policy terms and conditions and copy of the original Proposal Form submitted for this policy was delivered to you on time.

Moreover, as per the policy guidelines if premium is not received by us by the end of the Grace Period, the Policy will lapse. If the Policy has cash value then it will be subject to Non Forfeiture Provision, elected by you in the Proposal Form or as per your subsequent request, in writing, from the due date of such unpaid Premium. All Insurance cover will end at the time of lapse if the Policy has no cash value. We must receive such notice, in writing, no later than one month from the date of expiry of the grace period

To this effect, we express our inability to cancel the policy and refund the total premium paid by you.

Sincerely,
Max New York Life Insurance
Dear Sir,
I am having policy number[protected] of Max Newyork Life Insurance Policy . I bought policy in 2009 and paid the premium till 2011. Because of some reasons I was not able to continue the premium after that. Now I want to withdraw the amount. Kindly advise what to do? My. mobile No. is [protected].

With Regards
ViJAY kUMAR THAKUR
H-64-B, M.I.G.FLAT
SECTOR-22
NOIDA-201301
UTTAR PRADESH
Dear Sir,
I am having policy number[protected] of Max Newyork Life Insurance Policy . I bought policy in 2008 and paid the premium till 2010. Because of some reasons I was not able to continue the premium after that. Now I want to withdraw the amount. Kindly advise what to do? My. mobile No. is [protected].[protected]@yahoo.co.in

With Regards
Amarjit Singh Gill
Dear Sir,

I am having policy number[protected] of my son and issue date is 17 mar 2011. I have paid last 2012 premium and now the due date is 17 mar 2013, but I can arrange the payment till 27th Mar 2013, so, what is the grace period after due date, Is there any late payment charges or no, please reply me. And I also want to know the details of my son policy. so, please contact me on [protected] or [protected] or mail me on [protected]@hotmail.com
Dear sir i have started policy Dec 2008 now i wants surrender my policy. policy no.[protected] mob.no.[protected]

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