[Resolved]  HDFC Bank — hdfc life sanchay

Address:

Mumbai City, Maharashtra, 400078

Bhaskar reddy, had purchased a hdfc life sanchay policy no. 18952212 last year in the month of jan’17. I feel really cheated for this and would have not expected this type of wrong selling to customer.
Summary.
• the adviser did not properly establish my attitude to risk.
• the adviser said the policy would definitely be far better than the existing crest policy and didn’t explain that the amount i would get back would be zero in the first year and if i wish to discontinue for any reason.
• the adviser didn't fully explain the drawbacks and risk or how these would affect the returns on my policy.
I look forward to your reply and a resolution to my problem. I will wait before seeking third-party assistance or approaching irda to lodge a complaint against the agent and company. Please contact me at the below address or by phone.
Sincerely,
Bhaskar reddy