[Resolved]  Indusind Bank — Closure of insurance policy - not to pay e c s

Address:

Salem, Tamil Nadu

An insurance policy was taken on behalf of my son s. ravi and the policy number is 03117307 for rs.1500/- per month from m/s exide life insurance. an ecs form singed by me and accepted for payment from my sb account number[protected]. now i retired from service and getting meagre amount of pension and could not able to continue the policy. while approaching the bank for closure of policy and requested for not paying the policy amount, they informed me that i have to approach the insurance company for cancellation of ecs, then only the payment will be stopped. but the insurance company is not considering my request. (the request was submitted by my son only). i very much shocked that as i had proposed a insurance policy and now i wish to close it, but i could not able to close due to a form given by me to recover the money from my account.

Now i want submit that whether i can close the policy or not. if it is possible kindly stop payment to policy from my above s b account.

Thank you very much.

V. n. soundararajan
Plot no.4, yercaud main road,
Kondappanaickenpatti, salem.