[Resolved]  SBI Life Insurance UNIT PLUS-II — units sold by company for admin fee

I had taken SBI Life Unit Plus II policy, number o[censored]nits allocated / shown in the printed policy (11th Feb 09) are 5780 and that are showing in (23rd Jun 09) are 5722.1465,

the answer from Dept: - Policy Servicing is "As per the terms and conditions of the Policy on every monthly Policy date Admin fees and risk premiums are charged and some units are liquidated against the recovery of the same."

They sold away 58 units without our notice, if they continue selling 20 units per month, what happens ?

They already deducted a lot for admin charges & insurance premium, and still if they sell off our units, is this acceptable ?

Regards
Kiran
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Aug 14, 2020
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This is my policy No. [protected]

I paid 2 instalment (50000), now i want to withdraw my amount.

please tell me how to withdraw my mony.
My policy no is [protected].

On 22nd jan I send a cheque of Rs. 30, 000/- through my bank as premium.

But last week I got SMS that this policy was laps.

Please tell me the current status. If the policy was laps how I continue my policy.

Waitin for your reply.

Thanks.

Raman Mehra
I Sri D. S. Parida did not got by policy document till now, the date of deposit is 01.01.2010. Please kindly do the need full to dispatch my Policy documents as soon as possible.

Policy No. [protected] (SBI Unit Plus II)

Deposit Branch: SBI, Sunabeda-2, Koraput, Orissa, Pin 763002

Amount Deposited Rs. 50.000 (Quarterly Payment)

Proposal No. 33146933
dear sir

plese give the details for no o[censored]nits & total amount achived of my policeno [protected]
through my mail id: [protected]@rediffmail.com

jagannadharao.p

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