[Resolved]  SBI Life Insurance Shubh Nivesh — Mis Guidelines By the Advisor

Address: North Delhi, Delhi

I am Mr.Devendra Kumar Sharma ,policy holder of SBI Life Shubh.My policy number is “[protected]”.I had this policy through agency “Unicon Investment” situated near Karol Bagh metro station, New Delhi, through your agent Mr.Anil Kumar. According to the statement of Mr.Anil Kumar policy’s conditions were that on the occasion of Deepawli If we purchase the policy for five years on Premium of Rs 30,000 per annum, we will get guaranteed sum assured of Rs.2,40,000 + 15,000 bonus & Rs,2,00,000 of Death insurance & accidental insurance Rs.4,00,000 up to 100 years. When I received my policy I asked about the policy features as they were not the same as I was told by the agent, then I Appealed for the cancellation of the policy, then Mr.Anil Kumar told me that I will get my Bond certificate after three months of the policy but I didn’t get it. Yet after six months I didn’t get my bond certificate and now I came to know that my policy itself was the bond and through SBI life Insurance Company I came to know that my sum assured for the policy is only Rs.2,13,000 for 10 Years where as I was told that it will be Rs.2,40,000 + 15,000 bonus for five years. I am totally misguided and I want to cancel my policy.I am totally fedup and mentally harassed. Vighnaharta played a vital role in this fraud.I request to help in getting my refund otherwise i will step towards IRDA.& complaint to police station & will step to consumer court.