[Resolved]  Max Life Insurance — Fraud and mis-sold policy

Address:380055
Website:www.maxlifeinsurance.com

My father bought Max Life Whole Life Participating policy no[protected]. At the time of explaining agent told my father that after 10 years he can surrender the policy and get amount equal to all premiums paid till date plus bonus. Now today a guy came from your customer advisory team and told you will get only 35% of premium excluding first year premium which is around 28, 000. My father has payed 70thousand till date and and gets only this much amount. Also the guy recommended some add-on which increases premium from 10, 000 to 23, 000. What type of fraud is this. You are just a fraud company duping people's money. Atleast one should get amount what he has paid at surrender. Also your customer service is worst. You and your agent have done fraud with us.
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Complaint marked as Resolved 
Max Life Insurance customer support has been notified about the posted complaint.
Verified Support
Feb 17, 2016
Max Life Insurance Customer Care's response
Dear mjesani, Our customer representative was speaking with you earlier today but the call was disconnected and when the call was attempted again, the call went unanswered. We request you to please share a mutually convenient time at [protected]@maxlifeinsurance.com for our customer representative to reconnect with you to understand your concerns in greater detail. Please mention Ticket No. 16444047 in all future communication on the subject. Regards, Max Life Insurance
Complaint comments 

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Dear mjesani, We apologise for the delay but would like to assure you that we are investigating into your concerns on priority. We request you to please allow us an additional 4 days time to revert to you with the best possible solution. In the interim, should you need any further information, please write to us at [protected]@maxlifeinsurance.com and mention Ticket No. 16444047 in all future communication on the subject.

Regards,
Max Life Insurance

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