[Resolved]  Bajaj Allianz — Ulip policy [protected]

Website:www.bajajallianzlife.com

I have done a ulip policy no. [protected]. Through policy bazar. At the time of policy it has been told that as it is online policy hence it will not attracts any charges. Till date i have paid amt of rs 17500 collectively as premium against my policy. Today i have seen my a/c balance and it shows policy value of rs 16989 out of which rs 883 as regular service charges. Which clearly shows due to your charges only i am getting loss in my policy.
1. Sir why company is charging so much of policy administration charges when in case of loss also i have not seen any fund switch ( which has been promised by bajaj at the time of policy that they will do automatic fund switch so there will not be any loss).
2. Why you are deducting mortality charges.
3. What are the benefits i got from this policy till date.
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Jan 8, 2017
Complaint marked as Resolved 
Bajaj Allianz customer support has been notified about the posted complaint.
Verified Support
Dec 07, 2016
Bajaj Allianz Customer Care's response
Dear Ankur,

We are sorry for the inconvenience. Kindly provide your contact no. and E-mail id. so that our concerned team will call you and clarify your concern.

Regards,
Bajaj Allianz Life Insurance Team.
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