[Resolved]  Bajaj Allianz Life Insurance — Complaint against Bajaj Allianz Co.'s Policy No. [protected] - for mis selling

I hereby bring to your attention an act of cheat done to me. I purchased an insurance policy No. [protected] of Rs. 1,00,000/- being one time premium as advised by the Agent of Bajaj Allianz Co. in Jan- 2008 in my name. The said amount of Rs. 1,00,000/- was paid in full at the time of purchasing the policy. The term of maturity for this one time investment of my hard earned money was told to me of ten years. Thus, the date of maturity of the instant policy was 11.01.2018.

Now to my utter shock I am in the receipt of a cheque No.[protected] of Rs. 31,754/-. Prior to receiving this cheque I have had not received any communication explaining or advising me with respect to the said policy. But obviously, the policy upon maturity promised me much higher returns.

Immediately upon coming to know about the above stated mischief and a fraudulent act, I lodged a complaint on March 7, 2013 with the Bajaj Allianz Co.’s customer care number[protected] requesting to issue me a complaint number. The Customer Care Executive with the name Mr. Sameer took on record my complaint and allotted a complaint number 39371402.

I was assured by the Customer Care Executive that Bajaj Allianz Co. will act on your complaint and contact me on my number [protected]. Till date I have not received any call from Bajaj Allianz Co.

I call upon the persons concerned to immediately act on my complaint doing the needful so that the above-discussed issue is resolved expeditiously. Also I request the persons concerned to promptly advise me how the promised sum of amount against my policy No. [protected] could be recovered.

In the light of above, it is my humble request to immediately take action and do the needful.

Prabhakar Mani Pratap
Mob.: [protected]

Add: 1B, Navkala Apartment
Plot No. 14, Patparganj
IP Extension, Delhi – 110092
DELHI