[Resolved]  Max Life Insurance — ULIP plan

Address:Jalandhar, Punjab, 144001

One of the worst policy. from the very first day they started deducting the mortality charges of 6 units every last of the month.
second from the very first day, in name of premium allocation deducted 4% of principle amount.

third the remaining amount is invested in stock market and as seen growth rate is the slowest u ever imagine. sensex from its lowest meet its highest but not this stock every try to provide u any profit.

if i close the account the seize the total amount and do their monopoly.

is their is any rule in this country. i want guidance in making court case of fraud to max life insurance.(as early as possible)
Was this information helpful?
No (0)
Yes (0)
Nov 17, 2016
Complaint marked as Resolved 
Max Life Insurance customer support has been notified about the posted complaint.
Oct 14, 2016
Updated by donmx98
what is the surrender amount in this policy
Verified Support
Oct 17, 2016
Max Life Insurance Customer Care's response
Dear donmx98, We assure you that your comments have been noted and we apologise for the inconvenience faced. Our customer representative has re-explained the terms and conditions of the policy. However, our customer representative is investigating into your concerns and we request you to please allow us an additional 5 days to revert with the solution to your concerns. Should you need any further information, please write to [protected]@maxlifeinsurance.com and mention Ticket No. 17448802 in all future communication on the subject. Regards, Max Life Insurance.
Complaint comments 

Comments

Dear sir/madam,
I have taken a policy max life, My policy no [protected]. But due to finical problem I do not run my policy. Now I surrender my policy. Please help me as early as possible.

Post your Comment

    I want to submit Complaint Positive Review Neutral Comment
    code
    By clicking Submit you agree to our Terms of Use
    Submit
    Max Life Insurance
    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
    80%
    Complaints
    1158
    Pending
    0
    Resolved
    902
    Max Life Insurance Phone
    +91 11 2693 3610
    Max Life Insurance Address
    Max House, 1 Dr. Jha Marg, Okhla, New Delhi, Delhi, India - 110020
    View all Max Life Insurance contact information