[Resolved]  Reliance Life Insurance — wrong information provided

Ref.: Policy No.50094661 ,Client ID[protected]

Subject : Cancellation of above policy due to wrong information provided by advisor

Dear Sir / Madam,

With reference to above I would like bring to your notice that I received a promotional call from one of your advisor MISS SHWETA CHAUDHARY from no. [protected] and[protected] the person said that we are lauching a plan for few premier customer , as per the plan we would have to pay 5 year premium of Rs. 30,000/- per year after completion of 5 Years we will get gurantee Rs.2.64.600/- out of which I can withdraw Rs. 2,34,600/- and balance amount I can keep with reliance for 5 year or 10 years against which I will get RS.11999/- pension yearly 6 to 15 yr from the completion of the term means from 6th year, also I will get insurance cover of Rs. 3 Lacs and a accident rider of Rs. 6 Lacs , , for all this I will get written documents. But when we received the bond it came to my notice that whatever the advisor had told not a single thing was mentioned in that , when I called the advisor he said that , as per IRDA we cant give with policy but within 15 days you will get separate document for above benefit directly from reliance company, also I asked the representative that why the company is offering such high returns he told that company will use this fund for there sister concern instead of borrowing from others.and than i am directly taking policy from the company so i will get return check of 6000Rs as return commission and i had to paid only 24000Rs as a renewal premium

I think it is so shamefull for this big group that they are cheating the people in such a way i am also forwarding one copy to IRDA OFFICE along with consumer forum.
And i had talk with local office employee of reliance Mr.Vijay Waghmare. You take it seriously this matter and convey me immidiately

Details
Agent Broker Code 21284706
broker name- Swadeshi Insurance Agency Caller-Miss.Shweta Chaudhary Phone no. given above

Dr.Lalit Jain
Nagpur