[Resolved]  ICICI Pru Assure Life Uin 105 L 093 V 01 — Wrong Life Policy was given by ICICI Bank

Address:

Vadodara, Gujarat

I have taken 2 life Policies as below in the name of
P, J Pradhan , Policy No 12839495 2) Shubhangee Pradhan Policy No. 12804753 Commencing 30/10/2009
The said policies were canvassed by ICICI Bank, while taking the policy I was not told that the said policy is equity based. Premiun payable is yearly, Rs. 25000/- each policy. I have paid 3 instalments under each policy total Rs. 1.5 lacs both the policies put to gather. Since last 2-3 months I am receiving frequent calls from " Customer Care Centre" New Delhi that I have to pay additional premium since the stock market has gone down . Why I am supposed to pay additional premium other than yearly instalment.

I have never asked for such policy, which is based on stock market ups & down. After 3 yrs I came to know & felt that I am cheated by the Bank.
More over the policy is booked in the agency code of the Bank Manager. Is he suppose to do Life Insurance business ? ( This information was givem to me by ICICI Customer Care Centre, Delhi. ) Agent has taken heafty commission on my policy.

I am toatally disappointed & feeling cheated by ICICI Bank. I am Premium Customer of the ICICI Bank, still they have payed mischief with me

Register my strong complaint & I do not to continue with such Insurance co who has defrauded me. I want to cancell my both the policies & I want my Rs. 1.5 Lacs premium paid + Interest thereon. Otherwise I will be complalled to approach IRDA for justic.

Hope to receive reply asap.
P J Pradhan
Cell : [protected]
Mail : [protected]@gmail.com