[Resolved]  Max Life Insurance — Max Life Insurance Policy Termination Against Rules and Company Not taking any action

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Jhunjhunu, Rajasthan

Max Life Insurance — Policy Termination Against Rules and Company Not taking any action

SHAKUNTALA DEVI Submit a Complaint
I took Max Life Insurance Policy in APRIL 2009 . I paid all premiums during my policy.
Despite it is written in many places in the Rule booklet provided by Max Life insurance company that Policy will be terminated only when Fund Value is less than single ATP they have terminated policy with the false statement that Fund Value minus Surrender Charges should not be less than single ATP.

After deducting surrender charges they are giving cheque of 20, 525 which is even more than single ATP of 20, 000 amount.

I called Max Life Insurance Customer Care many times, they always say we are arranging call from our end and you will get a call by tomorrow 11 AM for clarification.
It happened 5-6 times and I am not getting any calls from them after long time also because they know they have done mistake so nobody in Max Life is even bothering to Activate policy which they terminated wrongly.

Max Life is worst ever Insurance company and there executive does not know the rules of policies. Even I mailed them many a times on there service .help desk email but did not get any response even after 3 months.

Please resolve my problem immediately and Max Life company should pay compensation for the losses happened to me.
My Policy Number is[protected] and email id is [protected]@gmail.com

Thanks
Shakuntala devi