[Resolved]  Max Life Insurance — Max policy number[protected]

Address:Gurgaon, Haryana, 122002
Website:www.maxlifeinsurance.com

Dear Max Life,

I am policy holder in Max under Policy number[protected].Paying premium of Rs.25, 600/- (Twenty five thousand six hundred) per year.
Total premium period: 6 years.
Paid so far: 4 Years.
Total amount paid: Rs.10, 2400 (one Lac plus).
Now i have contacted the customer care about surrendering, and asked the refund amount i will get.
They are simply telling that, i will get Rs.42, 000/- only.
Which means Rs.60, 000 are getting deducted. This seems like cheating the customer.
Please reply back with solution.

Vinoth
+91 [protected]
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May 16, 2017
Complaint marked as Resolved 
Max Life Insurance customer support has been notified about the posted complaint.
Verified Support
Nov 18, 2016
Max Life Insurance Customer Care's response
Dear Vinoth, We apologize for the inconvenience you have faced. Our customer representative has spoken to you and informed you about the surrender clause for the policy. Hope we have addressed all your concerns to your satisfaction. Incase you need any further clarification please mail us at [protected]@maxlifeinsurance.com.

Regards,
Max Life Insurance
Nov 18, 2016
Updated by Vinoth281185
Yes. My query has been rectified. Thank you for your response.
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