[Resolved]  Bajaj Allianz — Insurance fraud

Address:

Maharashtra

Bajaj Allianz was introduce us with little benfits. They given us a policy for 20 years and they inform us that you can stop the Policy paying after 3 years, if you are not interested to pay more. you will get the full amount and interest on it. ANd we pay Rs. 10,000/- per year for 3 years.

Now when we want to withdraw the money for my sons college admission, they are introducing the Policy to us that after 3 years you stop paying money but policy will go for 20 years, if you want to withdraw now you will get after cutting 5500/- from actual amout. if you are continue with not paying the amount of Rs. 10,000/- for further period you will get your money back but after cutting some equivalent amount for not paying the policy amount.

Woh, what a policy they are introduced. Like this policy Company has to discontinue with immediate effect. Govt has to take action against them if they are doing such fraud cases. With this compliant we request you to please inform the Bajaj Alliaz to pay us atleast our Rs. 30,000/- we are not at all interested in interest amount. but what we are invest atleast we has to get that money otherwise we may proceed for Consumer Court for our money.