[Resolved]  MetLife India — Deduction of surrender charges

Hi! This is Anshuman Sharma and I have got a life insurance from the above stated company. The lock-in period of same was three years and I am running in fourth year. After having paid 03 annual installments, the company now says that there would be a deduction charges of 70% on the basic aount paid each year. That would bring down the policy less by 3000 rs. that too after four years!!!! Is there any way out..??

Please enlighten me on that!!

Anshuman Sharma
[protected]
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Aug 13, 2020
Complaint marked as Resolved 
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hi, same case, we should lodge complaint.
[protected]
Please let me know if any one of you had a way out of this issue... As per IRDA's new guidelines All existing products and products with effect from Aug 2009 should take a max surrender charge of 6K.

Please replay back...

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