Birla Sunlife Insurance - Goldplustwo — Reinitiation of a lapsed policy

Address:

Ernakulam, Kerala

Hi Sir,

I took birla sunlife gold plus 2 policy which we need to pay the premium for 3 years. Premium for an year is 50,000.But in gold plus there is an option to reduce the premium from 2nd year by giving a premium reduction form.

I had given the premium reduction letter..but birla is not accepting it saying that option is no more..

Please do the needful.

This is what they say in website.

Birla Sun Life Insurance Gold-Plus II



A wide range of investment funds to choose from depending on your risk appetite. Also, a golden opportunity to higher your return on investments by investing in 100% equity option - Maximiser.

Free unlimited switches and premium redirection - The plan allows you to monitor your investment fund performance and change its portfolio according to your preferences at different stages through free unlimited switches and premium redirection.

Convenient short pay option that allows you to pay your premiums for 3 years only thus avoiding the hassle of paying regular premiums

The plan offers the flexibility to reduce your premiums from the 2nd year depending upon your financial situation.

The plan offers good liquidity through Partial withdrawals and Surrender. After three years there is no penalty on surrender of policy. Free unlimited partial withdrawals after 3 policy years allowed subject to a minimum withdrawal amount of Rs. 5000.


http://www.birlasunlife.com/distributiontsetims/insurance/goldplusII.asp.

Thanks,
Arun
[protected]
co.[protected]@yahoo.co.in