Bajaj Allianz Complaints & Reviews

hi,
i had a Bajaj allianz policy # [protected]...wherein i was supposed to pay Rs. 1000/month via ECS. The date for ECS was set to 12th of every month. everything was going fine until the month of June when they tried to withdraw the money on the 7th. Due to insufficient balance the check bounced, which i was never notified about. thinking that everything is going fine i was under the impression that the policy is going fine. after a couple of months i realized the fact that my policy is on hold due to the bounced check. when i called the customer service i got the shock of my life when they said "you have signed a contract and we can withdraw the amount 10 days prior or 10 days after the date assigned".
well i have other policies too however never heard of such contract. This cheap act doesn't suit a renowned company like Bajaj. Kindly look into it.

Dear Sir,

I bought the health policy for my parents (senior Citizen) from Bajaj Allianz Insurance Company Ltd.
On 30/6/2010, My father Mr. Murari Lal gautam, went to Kalyani hospital due to heart pain. And Doctor advised him to admit for angegraphy.

For cash less hospitlisation, I sent the request to bajaj Allianz But Bajaj Allianz regret that request, giving the comment of Blood Suger in pre existing illness.

Test reports at Kalyani Escorts clearly shows that he is not having the Suger previously.

Regards
Aditya Gautam

Dear Sir,

I, SIVA KUMAR MANOHAR, Employee Code No. 47153 have received an SMS on 07 Jul 2010 from TA Bjaz, informing that 'as per my F & F statement, Rs. 8194/- is found due and payable to me by the Company. I have worked in the Company from 25 Feb 2010 to 31 May 2010 and due to unavoidable circumstances I have to resign my post. It is, therefore, requested that my Full and Final settlement of Pay & Allowances, EP Fund etc., be made at the earliest for which I would be grateful and thankful.


With regards,
Siva Kumar Manohar
Emp Code No. 47153

Dear Sir,

I have taken One Family Care First Mediclaim Policy of Bajaj Allianz through Destimoney Company. My wife got major Intestinal Suregry in Jan 2010 and I have submitted claim for Reimbursement of Expenses against My Poliy No. [protected]. My Claim No. is 03104021.

I have submitted all the documnets in original in the first file, Then I received a letter from TPA Mediacre to submit more documents which I have submitted. They are asking now the Original Recipt of Rs. 10,000/- from Jaipur Golden Hospiatl which is misplaced at their end only. However I went to Jaipur Golden Hiospital and requested them to issue me the Receipt once again. The Hospital has issued me the Duplicate Recipt of Rs. 10,000/- which is properly Stamped and Signed by the Hospial Authorities. I have submitted the Recipt to MEDICARe Patel Nagar Office. But now they have sent me a ltter that this Recipt is not Acceptable. They want original one otherwise they will close my claim.

Plrease let me know of once the original receipt got misplaced and even after submiiting the duplicate Receipt whioch is properly signed and stamped is submitted, then why they are not settling my Claim. This clearly indicates taht they are not willing toreimbure my claim.

Please suggest me what to do??|

Dear Idea Cellular Team,



Please refer to the appended mail which is continues taking fall up with you and your company, but still I am not getting migration process which is Pre Paid to Post Paid conversion.

I am also tracking fall up the same with your nearest IDEA Outlet which Ray Enterprises (Kharadi) to your registered authorized dealer Mr. Srikant, Having Mobile Number +91 [protected], but I am unable to get any information from that side.



I already paid 1000/- amount for the same (With Receipt No. 1746) which for Pre paid to Post Paid migration process on 21-Jun-2010 and my investigation has been done on 26-Jun-2010 at 10:30AM, after paying the amount it should not be happened with customer. It could be bad effect for IDEA Cellular Co.



Please Note: My migration should be done for the both of Numbers[protected] and[protected] by today itself any how with immediate effect, and with the CUG Grouping Bajaj Allianz Life Insurance Co. Ltd.





Request you to confirm the status.



Regards,

Santosh Dubey | Sales Administration | Head Office | Pune | #[protected] |

it is inform to you that i had purchased a life insurance policy from your office located at feroze gandhi market , ludhiana..when i approach your office for the surrender of my policy..one of your employee..Mr. sandeep kumar..who is working in that office misbehave me.. i ask him for the surrender of my policy.. he told me come to office next day i'm bussy in my work.. when second time i visit your office he told me that you bring your identitiy card as well as copy of cancelled cheque.. when the next day , i visit your office he told me that i will not surrender your policy i don't have a time for you... and he also told me go to your agent from whom you purchase this policy.... and he misbehave me by saying " patta nahi kitho kitho muh chak ke chale ande ne"
sir, he misbehave me so badly in his staff ..i cant express .. now you are requested to surrender my policy and punish your employee who misbehave an old aged person of 55yrs old... i also want to know which action is taken by you for misbehaviour of me ..otherwise i will approach the district court for misbehaving me
Regards
Bharat Bhushan

on 3-6-2010 shri rajiv singh of JKM makfin pvt ltd collected cheque no 039611 of bank of india and issued cover note of bajaj allianj no BZ [protected] and assured policy will reach with in ten days however till date policy id not reached to me even though cover note is valid up to[protected] only and non supply of policy can be fatal after[protected] hence company shall be sole responsibility of insurabce company

I renewed my car insurance with Bajaj Allianz which was getting over on 31st Jan 2010. They renewed it from 19th Jan and thus overlapped their own insurance. Despite several requests and complaints, there has been no come back from them.

My Name: Arvind Agrawal
Address: AP07, Gera Emerald City, Kharadi, Pune 411014
Ph: [protected]

Car number MH12 DE 391, Model: Honda City

Policy number: OG[protected]

I have applied for insurance policy on 08.04.2008 for one time/Single premium amount of Rs 40000/- only. But now/after two years I have recd letter from Bajaj Allianz office about lapse of policy because premium not paid timely or yearly.



According to my application form which is signed at the time of joining that was one time/single premium and due to mistake by Bajaj Allianz person wrong entered so this should be correct but now Bajaj allianze not agree to correct the same

Policy No - [protected]

I am having proof in this regard (Proposol form photocopy which is sended by Bajaj Allianz)

Kindly do needful as earliest

Thanks & Regards,
Karam Pal Choudhary
+91 - [protected] (Mobile)

home addresh change vill -cheruia post-phephna dist-ballia pin-277003 state-uttar pradesh

(capital unit gain size one )
pl. inform me the balance of (my capital unit gain size one ) policy No 39279858

I have a policy of Bajaj Allianz IGAIN having policy no. [protected]. I have requested several times through e-mail, through phone and through courier to generate my OPIN. But these people are very in-sensitive in responding properly. They always make false commitment. As a result of which I am making this complain.

So, you are requested to look into the matter and help in getting my OPIN at the earliest.

Thanking you.

Best regards,

Jasawant Singh

Hi,

I have seen the recent TV Ad on Bajaj Allianz Insurance where is they show that if we plan for a future of a kid they will be educating an Orphan Kid.

They Show clearly that the Rich boy is fair is colour and the poor kid is Black in colour.

Does this mean that poor kids are always black in colour and rich kids are white in colour.

Please register this complain and take an action on this ad.

Thanks
Naresh
Bangalore.

In the year 2006, I had invested my hard earned money in bajaj allianz life insurance company under the IC name M Roy chowdhury with her sales manager name Sumit Sen.he had n't introduced me with my IC first by giving all wrong information about all 3 schemes in which i had invested an amount of altogether 100010 INR! after 4 years i had to loose altogether rs. 50000 or more..

Dear Sir

Would like to gain your attention that I Gaurav Kandhari was an employee of BAJAJ ALLIANZ LIFE INSUARANCE Co.

This is in reference to an application sent to Mr. Viraj Khabiya (Manger PF) working with Bajaj Aliianz Life Insurance Co.dated 1st April 2010 regarding the Amount of my provident fund pending with your company.

I would like to inform you that after a long follow up regarding my Provident Fund amount, the cheque was sent to me amounting Rs.54249 (INR), drawee Bank State Bank Of India, Pune Branch, dated 04/03/2010 which was unsigned by the Regional Commissioner A/C No.1 of provident fund (PUNE).

Going further the cheque was deposited in ICICI Bank A/C No.[protected] which got bounced as it was not signed by the authorised signatory.

After receiving the cheque from ICICI Bank ,the same was despatched to your BAJAJ ALLIANZ LIFE INSURANCE CO. Office addresssing it to Mr. VIRAJ KHABIYA on 1st April 2010, and also got the telephonic confirmation by Mr. Viraj Khabiya that he has received the cheque on 6th April 2010 and the the needfull would be done in 3 weeks time.

Since then I have been trying to follow up and contiuously making repeated calls regarding my PF amount pending with Bajaj Allianz Life Insurance

With regret I hereby state, that the authorities are not paying any rapt attention towards my repeated calls and request to refund the PF money, neither they are providing me with any reliable answer.

Also, as directed by Mr. VIJAY KHABIYA, I have been interacting with Mr.Harish deputed for EPF queries by BAJAJ ALLIANZ, but no logical and relevant reply has been responded to me.

Would be highly obliged if you could help me out with the fate of the Cheque No 814130 dt 04/03/2010, amounting Rs.54249/= and send it to my A/C No.[protected] duly signed by the authorised signatory at your earliest.

For your further correspondence all the necessary information regarding me is appended below

Employee name :- GAURAV KANDHARI
Employee Code :- 31457
Designation :- Asst. Sales Manager
Department :- Syndiacte (Bancassurance)
PF No. :- MH / 34020 / 3959

I would really appreciate if you could take an action of immediate effect and procees my request at earliest.


Kind regards
Gaurav Kandhari
#[protected]
DELHI

i am student my father was retired person he given me 2 lakh rupes. i invested in bajaj allianz life insurance company policy no [protected] on 28 march 2008 in this policy term and condition policy was lapes if i did't pay 2 more premium. before one month i am talking with company represtative he said to me if i pay 50,000 in this policy charges was reduce becouse on this policy (policy admin charge) very high 1.75% on sum insurance amount before 50,000 paid my sum insurance amount is 10,00000 after 50,000 paid my sum insurance amount 1,25000 now on basis of sum insurance amount my charge will decress but company saying that you pay charges as earlier. ALL INVESTER DON'T INVEST IN BAJAJ ALLIANZ LIFE INSURANCE COMPANY

Dear Sir,
I have renewed my health insurance policy from Bajaj Allianz on 7th may. Till today I haven't got any policy document from them. Their customer service executive are all fraud, Sometimes they say that the policy is not on my name. sometimes they say that the policy has expired and sometimes they say that they will send the documents very soon.
They are big fraud and serious action must be taken against them.
They have done the same with my friend also.
My policy details are: OG[protected]-00000108
RENEWAL RECIEPT NO:[protected]

Regards
Ruchi jain

Reg: My Capital Gain Size One Policy No. 45718213


I purchased the above policy on March 28, 2007.

When I purchased the policy I was assured of handsome returns after the lock-in period
of three years.

It is unfortunate that when I wanted to surrender the policy in April 2010, I was informed
that surrender charges equivalent to 60% of my first premium amount would be
deducted out of the current fund value of the policy. I was really shocked because this
fact was not mentioned at all in the Rules & Regulations which accompanied the policy.
Some mathematical formula beyond common man’s understanding was mentioned in
the clause relating to surrender charges. I would have never accepted the policy, had I
known this regulation while purchasing the policy.

I am sure you will appreciate that such clauses should be clearly mentioned in customer friendly and easily comprehensible phraseology. The policy documents also didn’t include any ‘benefit illustration’ which could have given me an idea of the risk factors involved. It seems that these glaring blunders prompted the IRDA to term the policy as ‘complicated and not customer friendly’ in its communication dated 16th August 2007 which I came across only today while surfing over internet. Vide this communication the Company was asked by IRDA to withdraw this particular product. I do not know what happened thereafter.

I believe deduction of any surrender charges after the expiry of lock-in period is unjustified and the amount of premium paid by me i.e. Rs.30,000/- (10,000/- per annum paid by me for three years) should be refunded to me along with interest accrued thereon as per prevailing market rates at the earliest.

While making the above submission, I reserve my right to approach IRDA and/or any legal court/authority to seek justice.

ATUL MIISHRA

I purchased the above policy on March 28, 2007.

When I purchased the policy I was assured of handsome returns after the lock-in period
of three years.

It is unfortunate that when I wanted to surrender the policy in April 2010, I was informed
that surrender charges equivalent to 60% of my first premium amount would be
deducted out of the current fund value of the policy. I was really shocked because this
fact was not mentioned at all in the Rules & Regulations which accompanied the policy.
Some mathematical formula beyond common man’s understanding was mentioned in
the clause relating to surrender charges. I would have never accepted the policy, had I
known this regulation while purchasing the policy.

I am sure you will appreciate that such clauses should be clearly mentioned in customer friendly and easily comprehensible phraseology. The policy documents also didn’t include any ‘benefit illustration’ which could have given me an idea of the risk factors involved. It seems that these glaring blunders prompted the IRDA to term the policy as ‘complicated and not customer friendly’ in its communication dated 16th August 2007 which I came across only today while surfing over internet. Vide this communication the Company was asked by IRDA to withdraw this particular product. I do not know what happened thereafter.

I believe deduction of any surrender charges after the expiry of lock-in period is unjustified and the amount of premium paid by me i.e. Rs.30,000/- (10,000/- per annum paid by me for three years) should be refunded to me along with interest accrued thereon as per prevailing market rates at the earliest.

While making the above submission, I reserve my right to approach IRDA and/or any legal court/authority to seek justice.

Thanking you and with all good wishes,

Yours truly,


ANUPAM MISHRA
Policy Holder

Policy No.: OG[protected]-00030178
Insured Id: 30651638
Intermediary: 10029213 RELINACE RETAIL INSURANCE BROKING LTD.
Product: Two Wheeler- Package Policy
Chassis No. – MBLHA10EL8G G56915
Engine No. – HA10EB8GG70135
Policy Holder Name: - Mr. Purushottama Yadav

Dear Sir,
I got an serious accident in which, I felt down due to skipping of my bike dated 06/05/2010. In which I got serious injuries with my body and my bike (Hero Honda Passion- 2008) also damaged very roughly. I have registered one complained in your company and Complain No is 0C[protected]-00000280. After my complained one of your surveyor (Udayveer, Mob. No.- [protected]) came and has discussed with Hero Honda Agency Owner in Greater Noida. But neither he nor the Hero Honda Agency Owner provided me any clarification regarding our clamed amount. Neither i got any Medical reimbursement For our injuries till date.

Due to which I couldn’t service my bike yet so that I’m feeling very disappointed.