[Resolved]  Religare Macquarie — Insurance Policy Fraud

Address:West Bengal

Hi

I took a policy of Rs 1,20,000 premium and was shocked when I returned from my out of station posting to see that the Religare Macquarie Wealth Manager had completely defrauded me.

Instead of a 1 time premium of Rs 1,20,000 he had made it into a quaterly premium (ie : Rs 4,80,000 pa) and the 1st Year charges were 100%.

The Agent convieniently put his mobile number in the form so that the Telephonic Confirmation from Insurance company did not come to me and he confimed all details.

I have sent 4-5 complaint letters to Religare Macquarie and to Aegon Religare but to no avail.

I have been running from pillar to post for almost 1 year with no one to hear my woes. For a middle class person like me Rs 4.8 laks is a really a big amount.

I request all to BEWARE of RELIGARE.

Niraj Kumar Gupta
Mobile Num: [protected]
Email Id : [protected]@hotmail.com
Aegon Religare Gain Plus Policy No.[protected]
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Aug 13, 2020
Complaint marked as Resolved 
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Comments

Plz Beware of Wealth Managers of Religare Macquarie ... They will give you fake promises and you will land up in toouble loosing your hard earned money.
Dear Sir,

Thank you for bringing this matter to our notice. Your complaint has been duly acknowledged and addressed by a Religare Macquarie Private Wealth representative and we apologize for any inconvenience caused.

Sincerely,
Religare Macquarie Private Wealth Service Team

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