[Resolved]  Bharti Axa Life Insurance — Misselling & Criminal activity while doing selling of policy

Address:

Ahmedabad, Gujarat

Respected Sir / Madam

This is with reference to my complaint for my policy no.[protected] and[protected]. I would like to mention here to you about the product which I have been sold by doing misselling. I would like to bring your attention towards the proposal form and electronic benefit illustration that I have received along with my policy. The signatures are not mine and have been forged.

I have no point of time been told that this money would go for new policy otherwise i would have not paid. as I have no spare money for this. Why i have issued a cheque because i have been told that I would be getting 70000/- Bonus on my policy worth Rs. 18000/-(Inforce Policy[protected], this call i have got from Delhi (Mr.Ashish valia Mobile no - [protected]) So this was totally a fraud case.

This is a clear set of criminal offense and I under no circumstances going to leave this issue carefree. How can your representative (Netambit Broker) forged my signature on the financial documents? If your employees can forged my signature on documents later on they can also forged signature on withdrawal or surrender or any kind of other policy related features. This is a criminal offense and I at no point of this time would like to keep my money with such companies which do such criminal activities. Hence I now want my full money back with bank interest. If I won’t be getting my full money back with interest I will sue

Bharti Axa Life and Netambit Broker with criminal activities and misselling done to me and will also report to IRDA and national media. Your company should & must understand that if you will fool people by doing wrong things one day you all have to pay price as you will lose customers like me. I am feeling that I have been robbed. It’s shocking to see that all over the form and on your calculation tables. Consider this with more seriousness and refund my money back soon.

I have not even received my policy No:[protected], on inquiry at branch i have been told that same has been signed and received by Netambit, so i have not been delivered this policy otherwise i would have cancelled that policy. This was again a Fraud done to me. How can your employee can do this? I need a reply..

When i was inquiring my 20000/- policy[protected] i have been told to pay 28500/- to get this 20000/- back and they have issue my new policy without my sign and document. How come they can do this? this is second time where have been forged.


Summary:

Fraud Signature in both policies in BI and proposal form.
Issued cheque to get Bonus which has been accumulated in my policy( told by Netambit)same has been used by them for new policies without my concern.
Without mine sign they have received policy document at branch has not delivered to me for policy No:[protected].
They issue second policy by saying pay 28500/- to receive 20000/- which i have paid earlier without my sign and concern and policy No is[protected].