[Resolved]  Reliance Life Insurance Co. Ltd. — RELIANCE LIFE INSURANCE FRAUD

Address:

Sonbhadra, Uttar Pradesh

I had applied for Reliance Life Insurance policies i.e. RLIC-HIG. NAV ADV. Single Plan (one time deposit policy), but Mr. SHRISH TRIPATHI (SM Code 03885) who was the branch manager in Reliance Life Insurance Company Limited (RLIC), Sidhi, Madhya Pradesh cheated me and made the plan to RLIClassic Regular Plan. The policy details are: =====NAME===== =POLICY NUMBER= =POLICY AMOUNT= ===DATE=== LYSAMMA BABU 18189343 1,00,000/- (INR) 16/11/2010 SEBIN BABU 18189935 75,000/- (INR) 16/11/2010 PRIYALA BABU 18202975 40,000/- (INR) 17/12/2010 Many times I requested Mr. SHRISH TRIPATHI (Reliance Life Insurance Branch Manager of Sidhi, Madhyapradesh) to change the policy type i.e. from regular basis policy to RLIC-HIG. NAV ADV. Single Plan policy. He had promised me that he would change the RLIC-regular basis policy to RLIC-HIG. NAV ADV. Single Plan (one time deposit policy). But he has not done this, till date. Mr. SHRISH TRIPATHI made this policy to regular basis for his own benefit and commission etc... Mr. SHRISH TRIPATHI had offered to apply a policy with 10% (Bonus) of the payment I'll deposit. For example, if I'll pay Rs. 1,00,000/-, I'll get a policy of Rs. 1,10,000/-. This means I took a policy of Rs. 3,15,000/-, I must have got a policy totaling Rs. 31,500/- (Bonus) more. Also he made me believe that, I'll receive 25% profit per annum so took a loan from State Bank of India at the interest of 18% per annum to make the deposit. He knew this, but he cheated me. Also there was no response from Reliance Life Insurance Company Limited (RLIC). Besides the above, I have also taken together two more policies in the name of my family members: Babu Sebastian and Lysamma Babu respectively. Details are given below. 1. Policy No. 18733179 @ 50,000/- 2. Policy No. 18733138 @ 50,000/- The above mentioned two policies are RLIC-HIG. NAV ADV. Single Plan policies, still the left three policies are RLIC-regular basis policy. This makes an amount totaling Rupees 3,15,000/- of all the five policies. As an ordinary middle class person how can I pay such a huge amount annually? With my limited annual income I am unable to pay the Reliance Life Insurance premium every year. Many times I have talked to their representatives in Chennai office and Mumbai office but they have not given any response or action. I tried to contact Reliance Life Insurance Company Limited (RLIC), through email twice but there was no response from their side. So, I request you to kindly change the above Reliance Life Insurance policies RLIC-regular basis to RLIC-HIG. NAV ADV. Single Plan policy. If Reliance Life Insurance Company Limited (RLIC), is not able to change the policy RLIC-regular basis to RLIC-HIG. NAV ADV. Single Plan, then kindly return back the amount of Rs. 2,15,000/- with interest.