[Resolved]  Bajaj Allianz Life Insurance — Misguidance by agent

Due to the nonsense act of of one bajaj allianz agent named "SURYAMANI SAHOO" of bhubaneswar branch my family has suffered a lot. He's a relative to my family. When he asked for a deposit in bajaj life insurance my father agreed to have one single deposit (fixed). The sum was above 100000. Unfortunately my father didn't check the details & the bloody agent made it an annually payable unit linked plan. No doubt we made a mistake by not checking the particulars & believeing in him. But the fact is that if we have made a fixed(single) deposit he would have earned only 2 percent & now when he managed to make it a annually payable plan he gets more than 20 percent as a commission. The complains is why the company not conforming the particulars from the policy holder directly by phone or any means before issuing any documents? A large no of people dont know the economic terms & most of the policy holders dont understand the exact conditions & guidelines issued by the company. So, PL PL PL DONT RECRUIT THESE NASTY AGENTS HASTILY TO EXPLOIT INNOCENT PEOPLE.