[Resolved]  Bajaj Allianz / ULIP — Lack of transparency

Address:Gwalior, Madhya Pradesh

I am holding 2 policies with Bajaj Allianz, below are the details -
1. Bajaj Allianz Capital Unit Gain), Issued on 14/09/2007
2. Bajaj Allianz Capital Unit Gain), Issued on 20/02/2007

I paid premium of INR 30,000 for 1 policy since inception, Yesterday when i went to check the value of the policy ..I was told that i will get only INR 10,000.......
I fail to understand that, despite the fact that Indian stock markets have given phoenomenal returns in last 1-1.5 yrs, How has the value of my policy declined ...

I want a clear cut explaination about this from the company....

I must tell everyone , It is one of the worst Insurance companies, and dont buy any ULIP products from this company....
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Aug 13, 2020
Complaint marked as Resolved 
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Sir, I have a policy no [protected] . Product no: is 17. I have paid 30000/- on three installments. My policy Commencement Date is[protected]. Now my current statement shows that my balance amount is -437/- Sir i am a poor lady, no one has to hep me. When I agree to take the policy your branch Manager told me that it is a life insurance and the locking period is for three years. Now they told me that my policy has been expier, and my fund value is -437/- where as they had not sent me any statement throughout this years. What shall Ido now to get back my money.Please help me to come out from this misery. MY landline Phone no: 2455 7872 . My name ia Alaka Saha. Address 164 Lake Gardens Kol 45.Dist: WB
Please do necessary step to help me. Now I want to withdraw the sum of Rs 30000/-
Dear Alaka,

Your complaint has been noted. Our team will get in touch with you shortly.

Thanks
Bajaj Allianz Customer Care
[protected]@bajajallianz.co.in
Dear Sir
I have a policy no ([protected]) name : Digamber Singh. I want know the status of my policy please tell me how can I know about it. How can I check fund value of it. My cell no is : [protected]

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