[Resolved]  Reliance Life Insurance Company — Fraudulently Opening A Policy

Address:

East Delhi, Delhi

Date : 29th March 2010
Sir/ Madam

This is for Uregent attention regarding FRAUD crated by your Advisor Code No. 20836295, Adviser's Name Vighnaharta Direct Insurance Broking Pvt Ltd.

I have already mentioned in my earlier e mail that a agent (Abhineet [protected]) claimed to be your companies agent had asked to transfer my earlier policy amount to A SINGLE PREMIUM NEW POLICY in which the highest NAV in the 08 year policy would be paid. and he collectd the document & cheque of Rs. 30,000/- for the same. I HAVE ALREDY WROTE ALL THE FACTS IN DETAIL TO YOU ON THE VERY DATE IT HAPPENS AND ASKED FOR YOUR CONFURMATION.

But Now the Policy (contract no[protected] I have received is a Traditional Super Invest Assure Plan with premium fo Rs. 30,000/- annually for 15 long years with Ist year charges of 80% of the premium. (Do you think in these market scenario one would go for this kind of policy if explained ?) It is total FRAUD AND CRIME.

I have not filled or signed any form like that. It is all FRAUD created by your adviser and agent.

I have clearlly wrote behind my cheque that the money is for Fund transfer only without any cuttings on it (I have the photocopy of the same).


Now before taking any legal action against ' Reliance Life Insurance" ' Advisor - Vighnaharta Direct Insurance Broking Pvt Ltd.
and a agent (Abhineet [protected]) for fraudunently opening a policy.

Kindly take legal action against Advisor - Vighnaharta Direct Insurance Broking Pvt Ltd.and a agent (Abhineet [protected])

and refund my hard earned maney i.e. Rs. 30,000/-.

COMPANY OF THIS STATURE SHOULD NOT RESTORE TO SUCH FRAUD TO EARN HARD EARNED MONEY OF PUBLIC.

waiting for reply.

Thanks

Shantanu Mazumdar
[protected]


My Earlier e mail:
Date : 08/March 2010
Dear Sir / madam,

This is for kind information and clerification that I, Shantanu Mazumdar, client Id No. 01158107, purchased a policy " Reliance Money Gurantee Plan" on 28th February 2007 on a premium of Rs. 10,000/- annualy. I have paid three premiums of Rs. 10,000/- each on 2007, 2008 and 2009.

Two days earlier I received a call from your cutomer care office for transfer of my fund (he calculate it to be apprx. Rs. 29,390/-) from this policy to same policy in which the my fund value will be paid on the basis of maximum NAV for any period/any duration in the further valuation. And further premiums are not compulsary. The policy no. will remain same.

Toady i.e. 8th March 2010 after call from your office one representative, Mr. Abhineet Mobile no. [protected], visited and presented the Payout form for transfer of fund and collected the following:

1. Payout Form" duly filled and signed by myself,
2. one Cancelled cheque of my account
3. One Cheque of Rs. 30,000/- in favour of Reliance Life Insurance (for fund transfer only)
4. Copy of PAN Card
5. Copy of Mobile Bill for Address verification.
6. ORIGINAL POLICY PAPERS

Though your representative has ensured that these documents are sufficient for transfer of fund to my account and NEW POLICY PAPER will be sent to my address and I will receive the details in my email. BUT he has NOT GAVE ME:

1. ANY RECEIPT FOR PAYMENT OF rS. 30,00/- THROUGH CHEQUE (FOR TRANSFER THE FUND)
2. ANY FORM TO FILL THE TRANSFER OF FUND TRANSICTION.

I have showed full faith in your company but there is no trasperency reflected in the entire transiction. It shows that I have withdrew my entire fund and presented a new cheque of Rs. 30,000/- for NOT SPECIFIFED purpose.

It is requested to you to kindly confirm that the same procedure is good enough for this kind of transiction (transfer of fund from one policy to same policy with new terms of NAV. Kindly conform on my email [protected]@rediffmail.com and mobile no. [protected].

waiting for speedy reply/confarmation. for any clearification kindly call on my mobile or email accordingly.

Thanks

Shantanu Mazumdar
A-64, Gali No.12, East Azad Nagar
Delhi 110051
Ph. [protected]

Policy Details: "Reliance Money Gurantee Plan" Policy No. 1054099, Client Id 01158107