[Resolved]  Shubh Nivesh — Fraud

Address:

Maharashtra

I, Dharmendra R. Beldar have taken a policy from your company.
The name of the policy is Subh nivesh, Policy no. [protected],
And proposal No. is[protected].

All the details of this policy is explained by Mr. Suhan suxena (Andheri branch- Mumbai.)
As per telephonic talk to Mr. Suhan suxena regarding benefits and terms of policy I have decided to take this policy. The policy details as per explained by Mr. Suhan suxena is as follows:
Sum Assured amount : Rs. 300000
Guarantee maturity : Rs. 338800
Term : 5 Years
Modal premium : 15000 / half year

At the time of form filling on 30/10/2010, Guarantee maturity was not written on the form. When I asked to Suhan suxena he reply me that guarantee maturity is not on the form but when I will received the original document all the details will be on that.
But I was not agree. Then he said, if I have any doubt on policy then attached a separate hand written letter with all the policy benefits and tems explained by me(Mr. Suhan suxena) along with the filled form .

As per his (suhan suxena) suggestion I wrote a letter to your Andheri branch and attached the same with the filled form. In this letter I wrote all the details of the policy in the same way as was explained by Mr. Suhan suxena .

I received the original document in hand on 07/12/10. When I go through the policy document I found that the nothing is matching to the attached letter which I have written and sent along with the filled form.

Because of the fraud policy , I have decided to cancel the policy.
I request to you please take the serious action againt this complaint.

Thank You!



(Dharmendra R. Beldar)