Bajaj Allianz — Bajaj allianz serve shakti suraksha

Address:	600097
Website:	bajajallianzlifeonline.co.in/online/portal/policy/showpolicy.do

Hi all,

I took the policy on 28-july-2012 and have been paying inr 1500 as emi every month. let me give you the return details to you. the returns are after excluding insurance charges from the total premium amount, i. e. i pay emi of 1500 and insurance and taxes are 250, so remaining portion inr 1250 goes for investments.

For the first year the return was astonishing 2.2%

For 2nd year the return was super astonishing 3.1%

For 3rd year the return was bumper astonishing 4%

This calculation was based on their method. now let me explain you the my method. i have paid inr 72000 (48*1500), now as per them inr 219 goes towards li and inr 31 goes towards taxes. so they deduct some fund management charges and god know how much is that but as of today the value of my investments is inr 59638 which is lesser than my investments value (excluding insurance) (1250*48=60000).in 4 years the value did not break even.

This is the fraud-est policy and most fraud company. the reason why people don't trust indian companies are because of companies like them. the executive from who i have taken this policy clearly told me that they invest in government securities and return would never be less than 8% pa. i am closing this policy asap and i would recommend every people to never take any policy from bajaj allianz. to bajaj allianz this is my warning to you, i am son of baniya and you can never digest my money, will dent you more severely than you can imagine. i am not abusing you because i know how will i recover my money from you. just be prepared.

My policy no: [protected]
Enjoy!!!