[Resolved] Kotak Life Insurance — Mislead and fraud done by kotak Insurance company | |||
Sir, 1-I have taken insurance policy from Kotak Life Insurance as under: Kotak Smart Advantage (UIN-107L043V01) 2-I took first policy with premium amount Rs 36000/- and premium payment period as 3 years. (Policy no[protected] 3-Than I took second policy for Rs 50000/- and I told that premium payment period as 3 years.(Policy no[protected] 4- I have paid three premiums. Grievance In the second policy also asked for premium payment term as 3 years and did not check the proposal form and signed. Now I discovered that premium payment period is 15 years. I am 58 year old why i will opt for 15 years premium payment period . I want immediate redemption. Dr P K Malaviya Principal Scientist CAZRI, ICAR Jodhpur-342003 Mob- [protected] Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 3 Comments | |||
Comments
that is the totaly fraud case in this case company has to pay your policy amount with interest and iam also from life insurance
Contact Information
Jodhpur
Rajasthan
India
Rajasthan
India
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Kotak Life Insurance — FRAUD DONE
I am Anant Saxena and i have taken a policy from kotak life insurance company . I work in merchant navy and I am out of country for most of my time. Last year I have taken a 'kotak retirment plan' and my sum assured is 11, 85, 000/- from kotak on 12-feb-2008 from Mr Pankaj of Kotak mob no: [protected] while taking the policy i have given him all the information about my job profile and about myself that i work for merchant navy and i have to be on ship at most of the time . After paying the premium i went out of India with my ship (till that time i did not recieved any bond from the company) .But now when i am back i find that the bond that had come from kotak life insurance no where state that i am working with merchant navy and i live in N.R.I status in india and in the back of the form some person had signed against my behalf i was totaly shocked to see such things, that how can a person copy some other person sign? it is a FRAUD and I totaly condem this act and i want strict action should be taken against person involved in this act .And secoundly i want my entire money back with intrest. Hoping to get justice from your end and look forward for solution on this matter.POLICY NO:- 861756, NAME OF ADVISOR/RM/CORPORATE AGENT :- SHIV SAGAR GUPTA, CODE :[protected]