[Resolved] Tata-AIG Mahalife Gold — False promises made while taking the policy by the Agent
SSanjay S. Waghmare
I have taken a policy from Tata-AIG (Mahalife Gold) in name of my son Shreyas S. Waghmare on 2004 and I was told authorize agent “ Tata-AIG DM-Apnaloan-Mumbai” that after 5years I need not to pay any premium that amount i can get or paid by company itself plus I will get sum assured amount as per the co. performance. Now when I ask to the customer service center they told me that u can get the amount after completing 6th anniversary of policy. Annual Cash Dividend accumulated without interest. Annual Cash Dividends are payable from 6th Policy anniversary and are not guaranteed.
I have invested Rs. 50000/= plus. Now I don’t know what to as I have been cheated by your authorize agent “ Tata-AIG DM-Apnaloan-Mumbai”
Now I don't have any faith in this company. I want to sunder this policy and I want the whole amount that I have invested. How can I get my money back. I want this money urgently.
I have request you to please advise on the above issue as I need my money back. I have chosen TATA which is known for trust and reliability.
Hope you understand my felling and will conceder this email as my grievance.
Details of Policy:
Policy No. C[protected]
Policy Owner : Sanjay Shripat Waghmare
Insured : Shreyas Sanjay Waghmare
Complaint marked as Resolved Aug 14, 2020