[Resolved]  Max Life Insurance — Cheating of poor investors

My policy no[protected] dated 27/12/2007, target premium - Rs. 99000 -

I am surprised to see the value of Rs. 99000 reduced to Rs. 27000 in less than a year.
Here I would like to mention the following:

1. During my policy paper submission, your representative has told me that it is a
single premium policy.

2. Whereas, this year the premium payable notice is already received, which I am not
going to pay.

3. It was never revealed by your representative that the policy has so much deductions
in the first year and subsequent years.

4. A small investor like me cannot afford eradication of my precious funds like this from
a world renowned company like Max New York life.

Looking into this, I want to protest to the Chairman of Max New York life company for
eradication of my precious funds. I request Max New York life to refund my funds of
Rs. 99000.

Copy of statements attached