[Resolved] Max Life Insurance — Yes Bank agent fraud | |
Hi, My policy no. is[protected] commenced in 2014. I went to my Yes bank branch in Vashi Mumbai to get a FD but the bank agent kept on lobbying for max life insurance. I have paid 7lakhs premium, full amount. The bank agent told me that after 7 years I will be able to get my premium as well as the bonus amount. Today, I found out that my policy matures after 48 years! I was never told about this! Infact, the yes bank agent told me that after 7 years I will get 11 lakhs even if I am alive. And now I get back only the surrender amount close to 6 lakhs, i lose 1 lakh of my hard earned money. I kept on paying my premium on time by borrowing money for this? Now the agent tells me that if I keep the policy for 5 more years, I will get my premium back. I don't want to fall in this trap anymore. No sane person in early twenties will go for a 48 year maturity policy to get only the premium back. Please help me get my premium amount back. Was this information helpful? | |
Aug 6, 2021 Complaint marked as Resolved Max Life Insurance customer support has been notified about the posted complaint. | |
 3 Comments | |
Comments
Dear Shivani,
We regret the experience you had, we request you to mark a mail at manager.[protected]@maxlifeinsurance.com with a 9-digit policy number in the subject line. Meanwhile, do reach out if there's anything else we can help you with.
Regards,
Team Max Life Insurance.
We regret the experience you had, we request you to mark a mail at manager.[protected]@maxlifeinsurance.com with a 9-digit policy number in the subject line. Meanwhile, do reach out if there's anything else we can help you with.
Regards,
Team Max Life Insurance.
Dear Shivani,
We regret the experience you had, we request you to mark a mail at manager.[protected]@maxlifeinsurance.com with a 9-digit policy number in the subject line. Meanwhile, do reach out if there's anything else we can help you with.
Regards,
Team Max Life Insurance.
We regret the experience you had, we request you to mark a mail at manager.[protected]@maxlifeinsurance.com with a 9-digit policy number in the subject line. Meanwhile, do reach out if there's anything else we can help you with.
Regards,
Team Max Life Insurance.
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+91 11 2693 3610
Max House, 1 Dr. Jha Marg, Okhla, New Delhi, Delhi, India - 110020
We regret the inconvenience caused to you, we request you to mark a mail at manager.[protected]@maxlifeinsurance.com with a 9-digit policy number in the subject line. Meanwhile, do reach out if there's anything else we can help you with.
Regards,
Team Max Life Insurance.
manager.[protected]@maxlifeinsurance.com
What am I supposed to enter in the protected text?