[Resolved] Max Life Insurance — money loss

vasanthi jhansirani s

from Chennai, Tamil Nadu

Address:

Tirunelveli, Tamil Nadu

i am a policy holder in max newyork life insurance and my receipt number is[protected]. my insurance plan is max amsure secure returns builder ULIP-increasing-simplified base risk. for the first time i have paid 20000 on 23-feb-2007 and for the second time i have paid 21000 on 23-feb-2008 and for the third time i have paid 22050. that means my total investment is 63050. i asked the current status of the policy they said that if i surrender now i will get only 45000.so i am losing my money and i am subjected to mental stress and strain.
i request you to clarify it and inform me what i have to do inorder to get atleast my invested amount.

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Aug 14, 2020

Complaint marked as Resolved

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Comments

Venkatdesikan

from Bengaluru, Karnataka

I am having same kind of issues with max New York. too many charges imposed.

The current set o[censored]LIPs are better regulated, i am told.

But, they need to atleast offer us a gate way to move to the newer policy that has reduced charges. This is the least they could do for the existing customers.

varte.lal

I completely agree as I was also a policy holder of max new york life insurance they cheated me the same way i take a police on march 2006 and paid till today ie august 2010 Rs 52000 but my fund value today is only 40000 I am completely frustrated with tghis policy,

lalthungchel varte

[protected]

aravindh krishna

from Chennai, Tamil Nadu

lastmonth I, ve not received any payment in my account, so pls clr all correspondence payments to this no :
170Q[protected]

Ph no: [protected]
email.id : krishna.[protected]@gmail.com

MAKWANA RAJESHKUMAR

from Delhi, Delhi

i am a policy holder in max newyork life insurance and my receipt number is[protected]. my insurance plan is lifemaker ULI Plan-risk element, starting from date 2/7/2007 I have paid as on date Rs: 75000 as a total investment.My fund statement as on 3/2/2011 is 66107.94.so i am losing my money and i am subjected to mental stress and strain.I am not satisfied with this policy because this is like cheating as i dont get even my invested amount, I request you to clarify it and inform me what i have to do, inorder to get atleast my invested amount.and close the policy as earliest.