[Resolved] Bajaj Allianz Life Insurance — Not getting at least my premium amount back | |||
Hi All, I have been cheated by Bajaj Allianz Insurance company.One of the agent misguided me about the Family Assurance Plan policy #[protected] and made a loss for me.I have paid sincerally all the premium from 3 years (Rs.30,000) amd now my fund value is 18,674(as of[protected] and i have planned to surrender my policy and i am not even getting Rs.18,674 and on that again they are charging Rs.2089 as surrender charges.I have already informed in MEDIA suvarna news and no use.Auhust 29th 2012. i will surrender my policy and looking for atleast half of the amount what i have paid.my hard earned money went into to vain. There is nobody to help me.Now still IRDA is sitting eyes closed.This is not only my story but almost all the people have faced heavy loss form BAJAJ ALLIANZ INSURANCE COMPANY. I WANT TO AWARE PUBLIC NOT TO INVEST ANY AMOUNT IN BAJAJ COMPANIES.BETTER OPTION IS LIC OR POSTOFFICE SAVINGS(GOVERNMENT). Regards, Sudarshan V Email:Sudarshan.[protected]@gmail.com Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 1 Comment | |||
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+91 20 3030 5858 [Customer Care]
GE Plaza, Airport Road, Yerawada, Pune, Maharashtra, India - 411 006
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Always for tax Saving and investment products go for endowment policies where there will be fixed returns and investments will be for long term. No one can should expect returns from from ULIP policies in first 3 to 4 years due to charges. And whenever taking a policy from any company think about the claim ratio of the company.
If investments are to be made for short term please go for Mutual funds rather then ULIP life insurance policies where We can expect more Returns
If any one want to invest in any financial products in the market like Insurance, Mutual Funds, FD's, car insurance and health insurance (Bangalore Only) call us on[protected] and we would be happy to help choose you best products in the market
Warm Regards
Prashath GB
Priroity Wealth Management Pvt Ltd
wwwprioritywealth.in