Aegon Religare Life Insurance — Fraud in sale of Policy

Address:East Delhi, Delhi

Sir,
AEGON Religare Life Insurance sold me Life Insurance policies No.[protected] and[protected].

While selling the policies AEGON Religare Life Insurance mentioned that only one time premium will have to be paid. Also, as per their letter dated Sep 1, 2012 they confirmed the same (Latter attached). Now, they are demanding premium for 12 years which is not possible for me to bear. I want to cancel the policy and refund of the total premium paid.
They have refused to cancel the policy on the ground that the lock-in period of 15 days is over. I have been chasing them since June when the policies were sold but to no avail.
Guilty of rendering deficient service leading to harassment of a senior citizen.
Pls do the needful at your earliest

Thanks & Regards.

Pradeep Kumar
736, Pocket-5
MayurVihar Phase 1
Delh i- 110091
[protected]@gmail.com
[protected]
+1 photos
Was this information helpful?
No (0)
Yes (0)
Complaint comments 

Comments

Dear Sir/Madam,

Sorry for the inconvenience. This is to inform you that your concern listed 3rd April 2013 has been noted and our team is working on it. We shall call you within the next 24 hours to give an initial update on the status of your complaint.

Thanks for your co-operation.

Regards,
Team Aegon Religare.
Dear Mr.Pradeep,

This is to inform you that the complain has been examined and a letter has been sent to you by speed post EA[protected]IN on 12.03.2013. For further details you may call us on our Toll free no - [protected] or you may write to us on grievance.[protected]@aegonreligare.com
We apologize for the inconvenience caused.
Thank you for your co-operation.

Warm regards,
Team Aegon Religare
Dear Mr.Pradeep,

For further details you may call us on our Toll free no - [protected] or you may write to us on grievance.[protected]@aegonreligare.com
We apologize for the inconvenience caused.
Thank you for your co-operation.

Warm regards,
Aegon Religare Customer Support

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    AEGON Religare
    customer care contact
    Customer satisfaction rating Customer satisfaction rating is a complex algorithm that helps our users determine how good a company is at responding and resolving complaints by granting from 1 to 5 stars for each complaint and then ultimately combining them all for an overall score.
    Read more
    38%
    Complaints
    79
    Pending
    0
    Resolved
    30
    AEGON Religare Phone
    +91 22 6112 0633
    AEGON Religare Address
    AEGON Religare Life Insurance Company Limited, Building No. 3, Third Floor, Unit No. 1, Nesco IT Park, Western Express Highway, Goregaon (East), Mumbai, Maharashtra, India - 400063
    View all AEGON Religare contact information