[Resolved]  Bajaj Allianz And Standard Chartered Bank — Together standard chartered and bajaj allianz stealing people's money and making profit

Address:Chennai, Tamil Nadu

I bought group unit gain regular policy on Jan 2010 with 20k premium value and the sum assured was 1lack for 5 years period, by now I paid 4 dues worth 80k. But when I check my policy fund value online it shows only 75k and maturity date is about 42 years later. I shocked seeing the total tenures of 42 and immediatly called bajaj allianz help line, they say I agreed and opted for 42 years tenure and asking me to check the documents. When I bought the policy from standard chartered rep, he said it is 5 years tenure and I may get atleast 1lack sum assured + benefits of 30 to 40 k min at the end of 5th year. Meanwhile I got several calls from standard Chartered bank marketting peoPle saying tHat my policy Is performing very poor and may not get the promised amount, so surrender the policy and enroll for different life insurance with 15 years policy. But I was not ready to swtch to another policy because I am sure this time also they will cheat me with some policy. I scolded them really. Together standard chartered and bajaj allianz cheating people's money and making profit.
I am worried weather will I get atleast 1lack after 5 years. :(
I am a standard chartered employee but still got cheated by my people.
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Aug 14, 2020
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Contact mr. Mahesh
[protected]
Dear Mr. Kumar,

Greetings from Bajaj Allianz! At the outset, we would like to apologize for the inconvenience you have faced in this regard. We would to like to address your concern by looking into the issue on an immediate basis. Kindly provide us with your policy no. along with contact details at help.[protected]@bajajallianz.co.in to enable us to expedite the process. Kindly mention reference no. "ORM020302" when writing to us.

You may also post your concern at http://support.bajajallianz.com/support/.

Regards,

Bajaj Allianz
Life Insurance
Dear Mr. Kumar,

Please accept our sincerest apologies for the inconvenience you have experienced. We request you to send an email to service.[protected]@sc.com providing us with your contact/ account details, so that our official can contact and assist you

Regards,
Standard Chartered India
Thank you both Bajaj Allianz and Standard Chartered for the quick response. Will mail you seperately with the required details.

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