Kotak Life Insurance Complaints & Reviews

i am getting call from number [protected] begin_of_the_skype_highlighting [protected] end_of_the_skype_highlighting again & again for Insurance on my mobile which is registered as DND number. even after telling the tele calling executive they are calling again & again. will request you to take action against the gulity at earliest.

you can mail me at [protected]@gmail.com...

sir,
I am working in Indian Air Force bhisiana.I went to kotak life insurance branch bathinda to Surrender my policy[protected] on 07 Apr 10 as it is the nearest branch.I told to staff ( Miss Ritam) that when i took the policy i was in Jaisalmer but now i m in bishiana so is there any procedure so that money can be refunded to my bank account directly.she said yes and asked me for bank account statement and gave me surrender...

I have submitted my PF form to Kotak Mahindra in the month of Feb 2010 and they have submitted it to Mumbai office on 2nd March 2010 and I trying to find out the status on the portal but getting below error, so request you to please help me to get the status of the same.

Emp Code : 11306
Est code is : 45187



Rgds
Varsha D
[protected]...

kotak life insurance has sold its insurance product by violating of sebi's rules and regulations..to day i have come to know about it. i have paid rs.35000.00 as a first premium.kotak life insurance has been selling its insurance product to many people by violating sebi's rules and regulations.as per sebi's rule the said company has no power /right to sell its product to the people..so i want to get my money back with immidiate...

[protected]

The insurance Ombudsman
Office of the insurance Ombudsman
2/2 A Universal Insurance Building
Asaf Ali Road
New Delhi

Sir
Sub: Misleading commitments and request for surrender of policy

My wife and I have taken three Kotak life Insurance Plans. What the insurance advisor offered us is not offered by the policy document. ( The agent has told me that...

After Lot off Follow up My Annuity Amount Not Received (2/3 Amt).

Dear Sir,

Proposal No.00087957

Against My Mail Dated 08.02.2010 I got the response with only one link
of your site and no any communication.

My Briefs:

Since beginning I never received any communication about status of
policy. On time of approached to Your Branch they are also notable...

I had taken a policy named flexi plan regular term(UIN-107LO23VO2).The said polycy paid upto 2008 .presently i want to continue my policy onward.Accordingly i have submitted a major revival as wll as change of address to local branch.till no confirmation received.Kindly advice me .policy no 00667441.

regards....

I bought kotak life insurance Policy no.[protected]Akshay Kumar Jain).
which has due for renewal on 28-JAN-10. Premium payable is Rs.25000.
I m trying to pay for last 3 days, doing everything correct, but their website

https://customer.kotaklifeinsurance.com/PolicyManager/Customer/Home.aspx

is totally waste.
It navigates to an error everytime i try to use online payment option in this page.br...

i have a policy with Kotak Life insurance , which there So called Lifeexpert sold it to me. This person used to collect the amount from me for two consecutive years. then this person suddenly disappeared ( so called Lifeexpert).
And i ahve no communication what soo ever from Kotak or Life Expert, and then when i realized in Oct-09that i had a policy, for which i had to pay an annual premium of 15K in Feb-09 ,a nd from that day onwards...

I(Mohit Singla) had taken a policy from Kotak Life Ins in the month of Feb 09.But I did not recieeve my policy for next 6-7 month.Then I go to Kotak Office for my policy,then firstly they give the number of courier co and told u ask from them not us.Then with the help of one employee I put the number of mail for policy then atleast They provide me my policy on 28th Oct 09.Then I was not interested to contiue with that policy because They...

Dear Sir,

I am holding a policy no 01748023 till I have not received the original policy. In this regards i have wrote so many complients but you have not send any reply.

Already you have debit my premium for Rs. 1000/- for month of December.

Kindly look into the matter as earliest or cancel by policy.


Thanks,

regards
Gopal...

sir,
i ruchi baniwal proposal no-1689787 applied for kotak life insurance,but due to lack of graduation certificate my proposal is being closed. so the amount which i paid in advance should be given back, but still i am waiting for your cheque...

I am receiving constant unwanted calls from the DSA of kotak life insurance regarding their plans. These people call us and misbehave. Today I received calls from the number[protected] and[protected] from persons who told their name as Rahul Sharma and Vikram Sethi. Inspite of our denial about the policy and also informing them that our number is registered under do not call, they continue repeating and asking for the mobile number to...

I have surrendered my Kotak life insurance policy no : 00105064 on 11th Nov 2009.
After this I have received an SMS from Kotak on 12th Nov 2009 saying
“Dear Customer, request for Full surrender of policy no 00105064 was processed on 12 Nov 09. Surrender amt Rs. 109281.51 will be paid within next 10 days. KLIFE”
Today is 24th Nov and I have still not received any amount in my bank. I had asked for direct credit and...

This is to bring in your kind information that the Kotak life insurance policy No : 01621615 was sold to me in the month of June 2009 by one of the marketing advisor.
The concern in the above mention policy was said is a yearly premium of Rs 10000/- but unfortunately when i received the policy copy on 27th October 2009 it was mentioned that the premium is to be paid on a half yearly basis.

So, I have submitted the...

Hi,

I am Gopal Patil.

I took a ULIP from kotak life insurance in Apr 2009.
As per their official records they are saying that , "we have dispatched your policy documents on 24 apr 2009", but till date I dint received any policy documents.
Also I inquired at the post office nearer to my address and as per their record that post office did not received any policy document with registration...

one of the EMPLOYEE of KOTAK LIFE INSURANCE called me and gave me all wrong information about SAP policy where IN THAT I WOULD GET 275% GUARANTEED BONUS IN the 1st YEAR, after that i took three policies

within 3 days after getting my documents i called him for SUM ASSURED mistakes and clarrifiaction of POLICY regarding 275% of GUARANTEED BONUS, at that time he told me to write an application for SUM ASSURED and give the documents...

Dear Mr. Kaushal,

As per the IRDA rule, once an LA completes 5 yrs of active agency from any company, he is entitled to the renewal commission even if he gets terminated. You can in no way stop my commission as I have completed more than 5 yrs in the company.

My agency came into force on 03/03/2004 and I was an active agent till 22.07.2009. Hence there is no way you can stop my renewal commission.
br...

I have taken a kotak life insurance policy in 2002 based on the agent's promiss. He promissed that the amount invested here will be multiplied and will yield high returns. as per the policy, on 5th year there is a 1st survival benefit amount suppose to come to me. based on value it is Rs.37500/- in the month of Feb 09. I have been following with them from last 8 months nothing has been credited to my account. then I decided to close...

I have taken policy from your co. against Proposal No.1717150, and paid a cheque No. 979162 of Punjab National Bank, Nasik for Rs. 40000/- (Forty Thousand) as first premium. The amount was debited from my account 0n 18.09.2009. Your agent has collected all the relevant documents and intimated that the Policy will be delivered by the co. through courrier. Till date I have not received the same. Now I have been intimated to come to Nasik...

respected sir/madam,
i am jitender singh,i am a policy holder of katak life insurance.my policy no is 1660658.my kotak life insurance plan is kotak smart advantage plan.my policy had to done by agent of sonia and mr sameer.actually my policy has been started from 19-july-09.they all people are cruppted and they gave me fake commitment like inthis plan we will provide 3year health insurance under this...

I have filled up required form for Kotak life Insurance and deposited all required proof (as enclsores) and a cheque No. 979161 of Punjab National Bank, nasik for Rs. 40000. The amount was debited from my a/c on[protected]. Till date I have not received my policy. In the mean time your rep. on telephone asked me to attend me for some medical check-up. It is surprised to note how suddenly your co. is asking me for that, as the same requirement...

sir,
from month of april I have recived a dozan call from kotak insurence first in the begining I used to say ''Nor interested" But due to contiune call from the sales peoples to stop the harassment on phone I decided to take one, I called the seles exe. to my home he explained during my conversation on phone and in my home promised me to some rousy piture on the scheme, and I accpeted the provided that will give in...

Dear relevant authorities,

Through this Email/complaint, I want to breifly describe my agony towards Kotak Life Insurance.

Unfortunately, last year, after so much of persuance from Kotak representatives, Monica and Prabhat, I went for a policy of Rs. 40,000 per annum. This year, without any intimation of paying the premium, a message from KLIFE is flashed thru sms on 12th Aug which reads

"...

Dear Sir,
Our Policy no. 00462801 . We are apply for Partial Witdrawn your office approve 14.08.2009. And say that your Lucknow kotak Mg Marg office Operation dept. Your account amount Rs 34034.87
reflect your bank account within 4 working days. our a/c No. [protected] Oriental Bank of Commerce Jankipuram, Lucknow. Your Kotak office we are receive by courier latter on dt 28/08/2009
i.e Kotak our Policy statement and...

Sir,
It is very regretful to inform you that I had not received any hard copy statement of my policy no 00553018 since three years Therefore, It is very important. So, I request you to kindly send softcopy of my policy statement on my email ID. Kindly do it as soon as possible. As it will be beneficial to your KOTAK repo also....

Dear sir,
My self, Dayanand Jakhar. I am Kotak Life Insurance policy holder. My policy no is 00538319. Plan name is " Kotak Flexi Plan". Please send my all statement in my e.mail address. My e.mail address is " [protected]@yahoo.com". Thanking you sir....

I have been following to get my policy active from 30 months now. I have submitted the major revival forms 5 times to the kotak branches. After the below email, I have resubmitted the form to Rajaji Nagar Branch, it was sometime in July 2008. I have only received the confirmations and promises to wait and I will be receiving the letter with amount to be paid to get this policy active. No reverts received for the forms submitted in the month...

Dear Sir


I have Policy with Kotak Life Insurence, void policy no 700231,
My premium amount is Rs/- 3000/- per month which has been debited every month 10th day, through the ECS mandate given by me.

In the month of June 2009, dated 01 june 2009 there is Debit in my account for Rs 1000, and on 30 june 2009 debit of rs 1000 whlch is not pertaining to my account, I had sent call to call center of...

Dear sir,

I am customer of KOTAK LIFE INSURANCE my (policy no. 01506471 Kotak Smart Advantage Plan).

Every month I have to pay ECS for 3000Rs/- Per month So I have given ECS as an option for payment os my premium. But this company is totally making clearence of ECS on there willing dates rather that said promissed date ie; 23rd of every month. But without my intimation they are clearing of several dates. By...