[Resolved]  Reliance Life Insurance Company Ltd. — Issuance of Policy with false details

Address:Samastipur, Bihar

I am Mr. Raghu Kumar (younger son ) & Kumar Vibhuti (elder son, existing Nominee) as legal heir of policy holder smt. Priyambda Choudhary. After sad demise of my father late Sri Narayan Choudhary on 30.10.2012, We communicated to Reliance life insurance customer care about fraudulent issuance of life insurance policy No. 18775657 under Reliance whole life plan product in the name of our mother Smt. Priyambda Choudhary with following facts:-

1.Mismatch of Date of Birth as per govt. record (Voter ID), which is differed in proposal form as[protected] & in premium quotation as[protected].

2. Proof of Date of birth held in your record as VOTER ID issued dated 22.03.1995 as per original copy age as on 01.01.1995 is 47 years thus date of birth appears as 01.01.1948.

3. Proof of Date of birth held in your record as VOTER ID issued dated 22.03.1995 as per Xerox copy tempered the age column as on 01.01.1995 is 33 years thus date of birth appears as 01.01.1962(Tempering intentionally original records of govt. without legal rights & approval is crime & fraudulent action for personal benefits).

4.As per proposal form in column No. 1, Nature of duties /Job description as Retail shop owner & source of funds/Income as Business, which is false description, please note that my father was Advocate & mother is housewife, No ancestors of ours were involved in retail shop

As per policy booklet described Terms & conditions under column

3.Payment of benefit :The company will not pay any benefits under this policy until the company 's requirement have been met to company's satisfaction . the company will seek submission of proof of age of life assured if his or her age is not already admitted in records of company.

If company keep wrong records of date of birth[protected] of tempered age proof Voter Id by company Agent, how policy holder/claimant will settle the claim ?


Under the observation of above facts it appears that Reliance life insurance company has done mis-selling of life insurance product with the help of his Agent Mr. Arvind Kumar Chourasia, Agent Code[protected], & intentionally modified facts as per his interest for policy issuance & personal gain .

We can not continue with the company where these types of miss-selling/fraudulent activity is being done, thus kindly requests you to cancel policy No. 18775657 in the name of PRIYAMBDA CHOUDHARY & return the premium paid in 2011 as Rs.29053/- & in 2012 as Rs.29053/-, thus total amount of Rs.58106/- with interest without further delay .
Raghu Kumar(Younger son of Policy Holder)-[protected]

Kumar Vibhuti(Elder son of Policy Holder & Existing Nominee-[protected]
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Aug 14, 2020
Complaint marked as Resolved 
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Dear Mr. Choudhary,

We sincerely regret the inconvenience caused. Further to your telephonic conversation with our service representative, we will get back to you shortly with a resolution.

Regards,
Reliance Life Insurance Team

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