Bajaj Allianz Complaints & Reviews

|Hi, My policy number is [protected], I am facing similar issue which is described by almost all as per below link. http://www.consumercomplaints.in/complaints/bajaj-allianz-super-saver-plan-banga...⇄ I have paid 3 premiums so far of 24, 575 each. (Total 73, 725 + taxes.)I had received an SMS from Bajaj which said - "Bajaj New Year offer invest rs.25000/yr for 5years & get guaranteed returns up to Rs.2, 30, 000 + 2 Gm Gold Coin + life Coverage + Tax Benefits."Since it has all the benefits for investing for short term and I also was looking for 3 years, calling open the sales person I was told that if I pay 25, 000/yr for 3 years, in the 5th year I would receive about 2, 20, 000 and don't have to pay for remaining 2 years.Now when I checked with the customer care, they mention I need to pay for 10 years and its a traditional plan, however the agent about the claim he makes referring to the clause mentioned in the policy.I was totally mislead and given false promises.Now the agent is absconding, I have his phone numbers but seems to have changed it. I roughly have 1 month's time to pay the 4th premium, this is really causing concern to people like us who make certain planning. I didn't expect this from Bajaj, I feel cheated and lost. Contact me at khan.[protected]@gmail.com Regards, Tanzeel

I purchased travel policy from online agent rajesh. And i had made payment on 27-Dec-14. Before renewing my policy i told that guy to include special condition(to include mental disorder) as there on my old policy. But after receiving new policy i have found that special condition are not included. I called him again and told him to include that condition. He was trying to fooled me by mailing me some endorsement form. He told me that please include these endorsement form with policy will cover special condition. I submitted that my policy to university. They told me that that these policy doesnt include special condition. So i called rajesh and told him that these policy is not accepted by my university. Rajesh told me that you have to pay more around RS2500 to include condition. I told him that ya i will pay. he told that they have already cancelled my new policy and now we will give you new policy with condition written on it. No response from Bajajallianz. Now i dont want your policy. And i am going to file case against you. I have cooperate soo much with you. Now i can't handle anymore.

I have policy number [protected]. I have provided check for policy renewal on date 08 Jan 2015 but i am not getting policy receipt. As per executive he is not able to provide policy as some old check from year 2014 dishonored from my policy, i have given written application that this check was not mine it was from Janta Bank account and i don't have account in Janta Bank. Wanted to know why its taking so long time for getting policy receipt.

I was forced to take the policy at the time of opening corporate account. I was told that you will yield 8.5% pa interest and there is no lock in period and you may pull out the amount any time after 1 years without any charges. Also they informed you have 9.6 lakh of coverage. No policy documents were given to me by citibank and bajaj. I tried surrenduring the same after one year but i was told it will bear charges of almost 40%. I asked bajaj team to come and discuss and they came down to discuss and told me that it was something wrong from the citibank team but now the only option is to carry on this policy for 4 years so that there is no surrender charges. I have been continously asking for complete policy but it has not been shared till now. Now after completing 4 years when i am trying to surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 54000 Thousand premium which i have paid surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 54000 premium which i have paid and forget about the interest. please help my membership no for policy :[protected] policy number::::[protected] really its fraud joint venture of Citi bank and bajaj now I am sending a letter to PMO along with this complain I just want to the people who are Also lotted by this fraud bajaj Allianz pls join me we will fight for our premium if they don't give us our total premium ashish [protected]

I was forced to take the policy at the time of opening corporate account. I was told that you will yield 8.5% pa interest and there is no lock in period and you may pull out the amount any time after 1 years without any charges. Also they informed you have 9.6 lakh of coverage. No policy documents were given to me by citibank and bajaj. I tried surrenduring the same after one year but i was told it will bear charges of almost 40%. I asked bajaj team to come and discuss and they came down to discuss and told me that it was something wrong from the citibank team but now the only option is to carry on this policy for 4 years so that there is no surrender charges. I have been continously asking for complete policy but it has not been shared till now. Now after completing 4 years when i am trying to surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 54000 Thousand premium which i have paid surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 54000 premium which i have paid and forget about the interest. please help really its fraud joint venture of Citi bank and bajaj now I am sending a letter to PMO along with this complain I just want to the people who are Also lotted by this fraud bajaj Allianz pls join me we will fight for our premium if they don't give us our total premium ashish [protected]

Dear Sir i am ex employee of Bajaj Allianz General Insurance Co. (Bajaj Allianz Staffing Solutions) connaught place new delhi. My emp. id is BG05835. Please provide my PF Details.My mail id is [protected]@yahoo.com. Thanks OM PRAKASH [protected], [protected]

Dear Sir, I am an ex employee of Bajaj allianz life insurance. I worked for 1 year as ISR in bangalore victoria road branch Operator through Ma Foi Management Consultants Ltd. from OCT-2005 to Nov-2006. Now I want to initiate the PF transfer. So I found Establishment code not mentioned in my payslip. How to get that and initiate the transfer to new employment??? EPF NUMBER:- 41424 Emp No. 42903 Company Name. Bajaj Allianz Life Insurance Co Ltd, Pune Regards ANURAG SRIVASTAVA

SIR AS PER REGARD WE ARE GETTING 68002/- RUPEES AGAINST THIS CLAIM AS BILL AMOUNT IS OF RS77633/- THE PARTS WHICH WE HAVE USED IN THIS CLAIM ARE IN ESTIMATE ALSO PASSED BY SURVEYOR SO I REQUEST YOU TO PLEASE RECHECK THIS CASE AS CUSTOMER IS DISAPPOINTED WITH YOUR THIS TYPE OF SERVICE AND WE ARE ALSO NOT SATISFIED I REQUEST YOU TO PLEASE RECHECK THE FILE AND PROVIDE US FILE COPY . DETAILS CUSTOMER NAME-Dr.NITIN GUPTA POLICY NO-FBA/[protected] VEH NO-RJ13CB0549 SURVEYOR -UMESH SIDANA POLICY TYPE - NIL DEPRISIATION REGARDS KETAN MALIK [protected] DHRUV FORD

My Policy number is [protected]. A customer care executive from Bajaj allianz called me and told there is a short term investment plan specially designed for me. I have to pay Rs.25000 for 3 years and at the end of 5th year I will get around Rs.1, 50, 000 as returns. I paid the first premium and after that I received the policy document. I was shocked to see that this is a regular premium paying policy, that too for 30 years. I immediately went to Chennai regional office and told them that I am going to cancel this policy in the free look period itself as I have been cheated. But they showed me some clauses and assured me that the amount at the end of 5 years will be as assured by the Customer care. They told that at the end of 5 years I will get the premium paid for 3 years plus guaranteed additions plus bonus vested by the company. I paid for three years and then waited for the 5th year end. Now I again went to the regional office and told them that I am going to surrender the policy. The estimate given by the representative was only Rs.14, 850 where as I have invested Rs.75000 on getting assurance for good returns from the company's representative himself working at regional office. This is 100% cheating. When I have contacted the regional office to cancel the document in the free look period, they brain washed me and assured me good returns. For sake of penny commissions these fellows are making us to invest huge amounts which will yield a bare minimum return. I have seen many complaints from all over the nation regarding this plan and all have been cheated in the same way. Pay 3 years and at the end of 5th year get double the money.This clearly shows that the master mind behind this mega cheat, is definitely the company itself. Bajaj allianz Life insurance shall take the sole responsibility for this mega cheat.

Dear Concern, As being out of town I was unable to renew my car insurance on time, though it got expired. I did contact Bajaj Lucknow Regional Office to get it renewed, they requested for new survey for the car, now they say that my car has been rejected due to dents on my car. I am attaching my car's current pics. please let me know that from which angle my car is dented and can't be insured. So now please look into this, and check with survey agency as they are making a fraud with customer values. REGARDS RAHUL SINGH [protected]

Firstly I have applied on line for a personal Loan to Bajaj. After few days Local Bajaj Allianz Agent (Contact No-[protected]) called me that You are eligible for a Personal Loan of 2.5 Lakhs & the process is that firstly you have to Pay 10% of loan amount by draft to Bajaj Alianz Life Insurance Company Limited. This will be Register as Life Insurance then it will configure as a Loan account . After submitting the draft there were few verification completed, during the verification the Agent have told me that never asked the verification officer about Loan, actually it will be converted Insurance to Loan after all the verification . The agent have told me you will received two bond paper one is for your and the others will collect from your home . when I received the first bond paper on 21st Aug, I checked that it was all about Bajaj Life Insurance Bond Paper Details there were nothing about Loan details, immediately I have called to the agent but his number was switch off, then I called to the customer care that day just for a confirmation that is there any process Bajaj Allianz Life insurance to Loan conversion the representative didn’t clarified me at all. After two days I called the Agent and told him about the bond paper and he told that there are some error on the bond paper and it will collected and rectified . The very next day it was collected from my home. Then the Agent was continuously saying that all your documents & loan will clear after 6th Sep . However after 6th sep his phone number being switched off. Policy No-[protected]

Sir, I Jasraj Singh Bhullar my policy no is OG[protected]-00037078 and my claim number is Oc[protected]-[protected]-2401 dated[protected] i am your customer from last four years and your services were excellent. But recently i am facing lot of problems with your services. My car Fiat Lenia was met with very massive collision and unfortunately key of my car was lost on the spot, second day my car was sent to Fiat Authorised service station and your claim officer is very slow to take decisions he is saying that my policy doesn't cover keys. But i had drive assure policy and it contain Add On Cover according to your web site's information i am eligible for several services among which replacement of locks is also available here is link you can check out your words http://support.bajajallianz.com/support/index.php/2014/08/how-motor-insurance-ad...⇄ I am out of country at the moments and my father is continuesly visiting your head branch in kolkata and regularly emailing to Soumita Chakraborty//Customer Care// Kolkata_ RO/General Complain no is 56250225but its near to a month still my car is in work shop so please try to solve out my problems as soon as possible you can email me on [protected]@gmail.com or can contact me on +[protected]. I hope that my old father will not be in trouble any more. Regards, Jasraj singh

RESPECTED SIR, Sir, With reference to above it is stated that i have not claim any insurance for the period 02/03/2013 to 01/03/2014 regarding my Alto 800 LXI having insurance policy no- OG[protected]-00005750 & Registration No- WB-38AA/9204 Kindly acknowledge me regarding this Enc: 1) scan with attached file copy of the already sent(DATED (16/11/2014) I HAVE BEEN ALREDY SENT OF THE MAIL DATED ON 16/11/2014...

I was forced to take the policy at the time of opening corporate account. I was told that you will yield 8.5% pa interest and there is no lock in period and you may pull out the amount any time after 1 years without any charges. Also they ifnormed you have 9.6 lakh of coverage. No policy documents were given to me by citibank and bajaj. I tried surrenduring the same after one year but i was told it will bear charges of almost 40%. I asked bajaj team to come and discuss and they came down to discuss and told me that it was something wrong from the citibank team but now the only option is to carry on this policy for 4 years so that there is no surrender charges. I have been continously asking for complete policy but it has not been shared till now. Now after completing 4 years when i am trying to surrender the policy i am being told that you will have to bear the administrative charges and also the life insurance premium!!! where the hell life insurance premium came into picture ??? I am still fighting with bajaj team to help me out and atleast pay me the total 1 lakh premium which i have paid and forget about the interest. please help

I bought this Super Saver plan where i should pay 50000 per year. Executive by name Mr. Shawiz from bangalore called me and said if i pay yearly 50000 for 3 years (in Total 1, 50, 000), including bonus if i surrender after i will get 2, 25, 000 and if i pay 50000 for 5 years will be eligible with annual bonus 475000 if i surrender the policy in the 5th year. He showed me some printouts who already got. I took the policy and 3 years i paid amount, now to check when i called customer care they said i dont get what the executive said and i am eligible for lesser value than i paid. Now all the phones who called to take policy from Bajaj are switched off. Bajaj has good name in the market couldn't understand why they are cheating customers with false promises and false executives. Can anyone from Bajaj please help me and sort out this asap... Thanks Prem

I have surrendered my Bajaj Allianz Life insurance policy in June 2014 but am yet to get the amount. The Master Policy Holder is CITI bank again. I have submitted all the documents. Every time when I call to CITI bank customer care I get different answers. My monthly premium amount was Rs.1500 and policy was started in Sept 2010. Group policy number is [protected] and individual policy number is [protected]. Its been several days now I assured of the return money but still I have not got. Yesterady suddenly I got a call from Mr.Vijay Sehgal who is supposed be manager sitting in Bajaj Allianz Andheri branch. He suddenly said your fund amount is now Rs.1, 35, 300 and your policy is linked with Agon Religare. This was shocking for me. Now he is telling me buy new policy with that so that they will customer id and then they will be able to repay my surrender amount within next 15 days. I am totally screwed up.

I too faced the same problem with Bajaj Allianz .My car Toyota corolla met with an accident. Immediately called the insurance company and gave all relevant papers. The surveyor just sat on it. He was trying to make a profit out of our misery.Even after 10 days no report was forthcoming. I had to pay a hefty fee to the service centre as parking fee to release my vehicle. I decided to NEVER GO TO BAJAJ ALLIANZ FOR ANY INSURANCE

I NAGESH SHRINGARE MOB NO;[protected] HAVE A COMPLAINT TO BAJAJ ALLIANLIANZ THAT I WANT TO CANCELL MY POLICY AND WANT MY REFUND AS I GOT A CALL FROM OUR AGENT THAT HE WANTED MY RECIEPT NO; HENCE THEY ARE AS FOLLOWS;;18/6/2014=6635741=RUPPEESS 1525;;22/07/2014=6795684=RUPPEESS1525;;01/09/2014=71355633=RUPPEESS1525;;30/09/2...⇄

Policy no :[protected] Had written to Bajaj Allianz on the 6th of Oct 2014, trying to find out about my existing policy details with them. Since then i am writing to them and each time they ask for a different information thus delaying the process. I gave all the information by the 24th Oct and they sent me a complaint no. I received a reply on that complaint after 3 weeks again asking me for the form no of the policy. If i have provided the policy no[protected], why are they asking for the form no. This is only done to delay the process. At the time of investing they do not mention that they will harass you so much only to get basic information about your own hardearned money.

Policy no. [protected]
Dob 31/03/1961.
Policy is named by malook singh
My name is manjeet kaur 54 year old, i am nominee.My husband got expired 8 months before and he has a insurance in bajaj aliianze, and i have submit his death ceritificate & other documents, after 21 days of his death.Now it's been 6 months i have been calling them for verification but there is no response from their team.They dont talk properly and customer care are amatures, they don't know anything.Branch team always says there is no response of verification team.I dont know what to do?I am in trouble.