[Resolved]  Bajaj Allianz Life Insurance Company Limited . — Policy Withdrawal in Free-Look period

Policy No -[protected]
[protected][protected]


Sir,
I would like to draw your kind attention regarding my harasement due to withdrawal of my policy within free-look period.
When I received the policy bond found that the policy was not good as they mentioned during the registration of the policy.
I apply to withdraw my policy on 12/04/2008 .The policy bond reveived date was 03/04/2008 and the free-look perion was of 15 days.

I am not receive any cash/check from them till date.During this 5 month I asked the branch manager(Branch Located at Dimond Harbour, West Bengal) 100 times regarding the status of the withdrawal policy and all of the time he give me wrong information .Even 4 times I go the branch taking leave from my company to request him to accelarate the withdrawal process as long time spend but every time he hopeless me .
As I am working In a MNC, 4 days of leave plays sigmificance value to me and my company.
Can you please help me to withdraw my policy and get my money.

Thanks and regards
Pallab Haldar
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Aug 14, 2020
Complaint marked as Resolved 
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To,
Bajaj Allianz Life Insurance Co Ltd.,
3rd Eye Complex,
Ambawadi, C. G Road,
Ahmedabad – 380009

Subject: Mist Selling of Insurance Product
Policy No : [protected]
Plan Name : Unitgain Protection Plus
Holder Name : Aditya Nautamkumar Patel

Dear Sir,

I, Mr. Aditya Nautamkumar Patel, was mist sold the policy by executive of Bajaj Allianz Life Insurance Co Ltd. The agents who approach me for selling the product are Mr. Piyush Parikh (BDM) & Kirit Patel ( FSC ). They have sold the product stating that this is single premium product.

Later on receiving that policy documents I approaching Mr. Piyush Parikh that the policy which have received is regular premium policy. He has assured me that this is single premium policy. One of my cousin have saw the policy and said that it is regular premium policy. Again I have called Mr. Piyush Parikh on many time regarding the same issue. Initially he given me time to come at my home and give me assurance but later on neither he has not received my call nor call me. I am not able to pay 60, 000/- premium regularly every year.

Request you kindly look in to the matter other wise I can escalate the matter on higher authorities and IRDA for mist selling.


Regards,



Aditya Nautamkumar Patel
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