[Resolved] Bajaj Allianz Life Insurance Company Limited — No response from the company | |||
super saver policy no. [protected], misguded by the executive from bajaj allianz, when i am willing to surrender the policy and get rid of the hazzles. i am being charged 50% as deduction charges, . down right cheating. when i have paid 90000 for 3yrs the company wants me to pay 47000 only, where as the term promised by the official was 5yrs but stated as 10yrs in the policy and he is not reachable and none would like to resolve, since 5th of sept 2014 i had lodged a complaint. ridiculous response. Kindly request the higher management or any acting officer who handles consumer complaints to resolve a layman's concern. The bussiness card of the person who misguided is also being attached. LEWIN [protected] Was this information helpful? | |||
Aug 14, 2020 Complaint marked as Resolved | |||
 1 Comment | |||
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+91 20 3030 5858 [Customer Care]
GE Plaza, Airport Road, Yerawada, Pune, Maharashtra, India - 411 006
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I am also facing same problem. The company and agent have cheated me too very badly. We discussed on 3 year policy but they gave me 15 year policy. When I have enquired why 15 years they said that you can withdraw after 3 years lock in period and giving assurance that I will get @ 15% return. Now when 3 years is over in 3 lacs investment they are telling I will get only 1.3 Lacs.
I wonder how they are allowed to do such a fraud. I am planning to raise it consumer forum if they don't sort it out.
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Pranab
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