[Resolved]  Bajaj Allianz — Refund the money cancelling my policy.

Address:Chennai, Tamil Nadu, 600026

Hi.

I have taken Bajaj Alliance life insurance policy on 06-May-2012 paying first premium of Rs.6451/-( Bajaj alliance cash gain economy )

After that due to my personal issues and family issues, am unable to make the premium further and not able to continue the policy.hope that would got lapsed.

Currently am job less and we have huge financial crises at our home due to which am cancelling the policy and unhappy with your products.

Since its some how huge amount, I would like to get back my money of the first premium after cancelling the said policy.

Details of the policy:
Name. B.Kuberan
Policy no: [protected]-Bajaj alliance cash gain economy.
Date: 06-May-2012

Kindly do the needful..Am agree to make any minimum deductions for cancellation too if any.

Regards
B.Kuberan
[protected]
[protected]
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May 10, 2017
Complaint marked as Resolved 
Bajaj Allianz customer support has been notified about the posted complaint.
Verified Support
Sep 13, 2016
Bajaj Allianz Customer Care's response
Dear Kuberan,

We regret the inconvenience. We have forwarded your policy details to our team. They will look into the issue on priority.

Regards,
Bajaj Allianz Life Insurance Team
Sep 13, 2016
Updated by Kuberanb
Dear Team,

Am expecting a positive reply from your side.also please understand that am not in a position to three premium at this point of time.
Also you should logically think that i have given complaint on refund and it can be given at first premium itself and why should i pay three premiums and give a refund request.
also as i mentioned am not financially good at this point of time to make any more premiums and while taking the concerned staff / agent has not cleared told the policy details for which am unhappy of the service.

Regards
Kuberan
Verified Support
Sep 14, 2016
Bajaj Allianz Customer Care's response
Dear Kuberanb,

We have shared your concern to our team. They will get in touch with you shortly on the same.

Regards,
Bajaj Allianz Life Insurance Team
Sep 22, 2016
Updated by Kuberanb
Hi,

Am totally unhappy with the service and response for the mail.I have given the request for the refund of my policy money and cancelling the said policy.

I will not agree with your statement in the mail mentioned as information's & declarations made by the policy holder.

Do you think that each and every policy holder read your declarations and information's printed in your policy.also the sales person not explained drawbacks of the taken policy.

Policy holder like me has taken policy thinking that you were a reputed insurance company only, but seeing your response regarding my refund status, makes me to feel about your very poor and pathetic service. Its a kind of professional way of cheating the customers.

However am not going to close my call or the request, will take this to the other kind of level to get my money back.

In what way you can keep my money with you when am not able to continue the policy or interested in your service. I need a explanation for the same.

I haven't given you for donation or at free of cost to hold my money with you.

Else i would move legally to get back my money.

Once again reconsider my refund request and get back to me with the positive reply at the earliest.

Regards
B.Kuberan
Apr 29, 2018
Updated by Kuberanb
Hi.

I have taken Bajaj Alliance life insurance policy on 06-May-2012 paying first premium of Rs.6451/-( Bajaj alliance cash gain economy )

After that due to my personal issues and family issues, am unable to make the premium further and not able to continue the policy.hope that would got lapsed.

Currently am job less and we have huge financial crises at our home due to which am cancelling the policy and unhappy with your products.

Since its some how huge amount, I would like to get back my money of the first premium after cancelling the said policy.

Details of the policy:
Name. B.Kuberan
Policy no: [protected]-Bajaj alliance cash gain economy.
Date: 06-May-2012

Kindly do the needful..Am agree to make any minimum deductions for cancellation too if any.
You were marked as resolved but it is not resolved and am not satisfied please check and get back to me at the earliest

Regards
B.Kuberan
[protected]
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