Birla Sun Life — policy surrender value, only 23.5% amount of premium paid received after five years.

Address:700064

Dear sir,
Ref: client id: [protected], policy no.[protected], plan name: bsli vision.
With reference to above policy i am very regret to draw your kind notice that i was surprised to receive the amount rs. 29346.36 p only against the payment of rs. 124946.29/- in five years but when i surrender the policy after five years i have received only rs. 29346.36 p only, this amount is only 25% of premium paid by me in five years.
I have paid 1st premium rs.25210.00 on 13/08/2012, 2nd premium rs.25329.58 on 21/09/2013
3rd premium rs.24609.60 on 23/08/2014, 4th premium rs.24883.27 on 04/09/2015 and 5th premium rs.24913.84 on 09/09/2016
I have submitted my policy surrender request in the month of july 2017 and i received the payment amount rs. 29346.36 on 17/07/2017.
At the time of policy sale by their agent, they informs me that if after 3 years i will surrender my policy i will get the amount of premium paid along with saving bank interest and more.
I have purchased the policy to secure my future on the faith of statement of their agent but this is a big fraud with me and so many policy holders like me.
You are requested to take your immediate action to save my money and so many other policy holders from such fraud maid by birla sunlife insurance.
Your kind cooperation in this matter will be highly obliged.
Thanking you.
With regards
Mrs. Anita beriwal.
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Birla Sun Life customer support has been notified about the posted complaint.
Mar 05, 2018
Updated by Jutexindia
Dear Sir,
Ref: Client ID: [protected], Policy no.[protected], Plan name: BSLI Vision.
With reference to above policy I am very regret to draw your kind notice that I was surprised to receive the amount Rs. 29346.36 P only against the payment of Rs. 124946.29/- in five years but when I surrender the policy after five years I have received only Rs. 29346.36 P, this amount is only 23.5% of premium paid by me in five years.
I have paid 1st premium Rs.25210.00 on 13/08/2012, 2nd premium Rs.25329.58 on 21/09/2013, 3rd premium Rs.24609.60 on 23/08/2014, 4th premium Rs.24883.27 on 04/09/2015 and 5th premium Rs.24913.84 on 09/09/2016
I have submitted my policy surrender request in the month of July 2017 and I received the payment amount Rs. 29346.36 on 17/07/2017.
At the time of policy sale by their agent, they informs me that if after 3 years I will surrender my policy I will get the amount of premium paid along with saving bank interest and more.
I have purchased the policy to secure my future on the faith of statement of their agent but this is a big fraud with me and so many policy holders like me.
You are requested to take your immediate action to save my money and so many other policy holders from such fraud maid by Birla Sunlife Insurance.
Your kind cooperation in this matter will be highly obliged.
Thanking you.
With regards
Mrs. Anita Beriwal.
Mar 06, 2018
Updated by Jutexindia
Marked as resolved is false, no any representative of Birla Sun Life contact me or call me or emailed me,
complaint is as is it pending.
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