[Resolved]  Reliance Life Insurance — Refund of Premium Paid Amount

Address:Mumbai City, Maharashtra

I have been deceived by RLIC & its corporate agents, I have taken two policies on solo guidance of the advisor on the commitment of lucrative returns against the policies. 1. Interest free House loan of Rs. 5 Lac against the policy of 50K, & Return of Rs. 4.5 lac in 4 months against the policy of Rs. 1.3 Lac. I have invested the sum of Rs. 1.8 Lac in RLIC but when I felt that advisor is giving false commitments, I had requested RLIC to cancel the policies & refund the premium paid amount to me. To my surprise RLIC was denied the request. I have tried to bring this matter into the notice of the CEO of RLIC, & Mr. Anil Ambani too but nothing came forth. I am in deep trouble as I have taken personal loan & invested the amount in RLIC. I am compelled to pay the high interest rates for the personal loan I have taken, & lost money with RLIC. this is very distrustful experience of services to me. I never have think, even dreamt after the deception of the advisor that no one is in RLIC to examine the genuineness, take decisions accordingly. The responses of RLIC is completely unsolicited . Request for help in order to get my money back.
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Aug 14, 2020
Complaint marked as Resolved 
Reliance Life Insurance customer support has been notified about the posted complaint.
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Dear Mr. Joshi,

As discussed with you in detail, we regret that we are unable to process your request. We have sent across an email response addressing your grievance. Please write to us at rlife.[protected]@relianceada.com for any clarification regarding the same.

Regards,
Reliance Life Insurance

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