[Resolved]  Bajaj Allianz — Sarve shakti suraksha policy

Address:495001
Website:Bajaj allianz

Sarve shakti suraksha policy was given to me whie my salary account was getting open.That time the representative gave the details that you can surrender the policy when ever you want and some cahrges live be levied due to surrender but they never mentioned that the returns of my money will be dependent on market value.
I went to Bajaj Allianz office for surrendering the policy but he was not sure of the amount though I have already paid 1500*41=61500.He said you will be getting around 40k back.I mean what the hell.What sort of penalty amount is that?
I have been to the office ample of times but they are reluctant to give the proper information.
policy id-[protected]
Member name-Ku ruchi bajaj
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Dec 18, 2016
Complaint marked as Resolved 
Bajaj Allianz customer support has been notified about the posted complaint.
Verified Support
Nov 17, 2016
Bajaj Allianz Customer Care's response
Dear Ruchi,

We are sorry for the inconvenience. Please provide us your phone number so that we can assist you faster on the reported issue.
Regards,
Bajaj Allianz Life Insurance Team
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