SBI Life Insurance Company — Cheated by SBI life Insurance Agent - Jupiter Trades

Address:

New Delhi, Delhi

I am an investor in SBI life Policy Shubh Nivesh, the policy no. is specified in the subject mentioned above. The trailing mails indicate my apathy with SBI life insurance.


I found your address from internet and therefore writing it to you. SBI life Insurance has sold me one policy as mentioned in aforesaid subject line. They guaranteed me a minimum return of 12.25% over the amount spent for 5 years, when after the registration got completed i recived policy documents stateing the minimum amount assured is Rs 1, 95, 000.0 for Rs2, 50, 000.0 invested cumulatively over 5 years. That was astonishing because it was not mentioned to me in the beginning when i recived first call from SBI life Insurance. One of their employees called Lakshmi and Rakesh called me from no. [protected], and told me that returns are good. After i recived the policy papaers after 2 to 3 days i called at this no. and Lakshmi told me that every month SBI issues monthly statement which indicates interest you will get which in tis case is 12.25%. I was assured because she repeatedly told me this. But it didn't happen after that i called her again and told her that i have not recieved any monthly statement she said she said she will inquire. But nothing happened, it was a deliberate attempt from their side to let the free look period pass and i should not be able to surrender the policy. After that i called them many times but no one attended the phone. I also called the Omsbudman office, following address was provided in tehir site i have also attached the screen shot, in the trailing mails sir you will see my communication with them over the mail. Please help me out in this regards there would be many more people who must have invested in the same way as happened to me. It must stop, Thanks in Advance.