[Resolved]  Aviva — ULIP Fraud

Address:Ahmedabad, Gujarat

Sir,

I have subscribed to a Policy of Aviva Life Insurance through Centurion
Bank of Punjab. I was conveyed that this policy has a three year locking period. I needed to pay premium for three years, which I paid and then I can withdraw my money anytime I want. But now when I tried to surrender the Policy, I was communicated heavy deductions if I surrender before 10 years.

Now, it is been three years and where can I go and find the person or whom should I hold responsible. ...? I feel cheated.

I paid money regularly and now at the time of return, i have been told heavy deductions, Forget about the interest for three years, I was offered very much less than even what I have paid.

I am so much frustrated with AVIVA that I want to surrender my policy at any cost, even if I am going to suffer heavy loss. But I want to know who is responsible for this. Whom should I address if I plan some legal actions...?

Policy Details:

Policy Number : WTG1313788

Insurer Name : Mohitkumar Sharma

Premium: 30,000/-

Period : 3 years

My Details:
Mohitkumar Sharma
B/303, Alekh Complex, Chanakyapuri,
Ghatlodiya, Ahmedabad - 380061
+91 [protected]
mohitkumar.[protected]@tcs.com


Request for your guidance and cooperation.

Thank you.

Regards,
Mohitkumar Sharma
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Aug 13, 2020
Complaint marked as Resolved 
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Comments

dear sir
its almost eerie that our stories match word for word. i plan to approach the ombudsman for some advice on the matter.
THEY HAVE DUPED SO MANY PEOPLE BY MISELLING THE POLICIES...WE SHOULD ALL MAKE A COLLECTIVE EFFORT & TAKE IT UP WITH IRDA TO HAVE THIS SORTED OUT WITH AVIVA AS THEY THINK THEY HAVE US BY OUR COLLAR BY SIGNING THEIR POLICIES ...ITS THEIR WAY OR THE HIGHWAY...
Yes even the samething is happened with me and the name of the person is Vedant. Sorry forgot the surname but be carefull while investing in Aviva insurance and ULIP. These people easly can make you fool. Even they completely misguid you. Please take care while investing. Please read the documents carefully and then make your mind.

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