ICICI Prudential Life Insurance Complaints & Reviews

I have tried to edit (On line) the address of the policy icici prulife.com which is in the name of my wife by uploading the passport document as address proof but the same is not accepting i. E the address is not changed, though the same thing i have done in case of my policy (Following the same process) and which was successful (I. E the address is changed) i can not understand why it is happening in this case, please explain me and suggest me how i can changed the address on line.

Your executive mr mandeep singh and mr lawrence are making fool. I had 1 policy which got mature before 3 months. Both the executive from ludhiana branch and area manager mr satyajeet are just giving excuses that delay is from mumbai office. Am totally harrased and want to cancel my new bond also. Till today am not even having any information when am goin to have my payment. Executives are not picking call and also not replying. Seriously very disappointed.

Dear concern
I too am victim of the same modus operandi being used by icici bank officials to fraudulently sell insurance policies by tricking innocent old senior citizens instead of making their hard earned pension corpus into fixed deposits. I visited my icici bank branch sector 11 panchkula on 14th august'17 to seek investment advise for post retirement benefit schemes with my pension corpus money. Two officials of icici bank mr prashant chauhan at previledge banking desk and ms tejvinder kaur at the senior citizens desk met me. I requested them that i want to invest my retirement pension corpus money into good post retirement plans to get me regular interest for our maintenance. Instead of investing my hard earned money into post retirement benefit or fixed deposit they both tricked me to better make investment into a so called tax saving deposit scheme named elite super plan.. They never disclosed it to be a insurance policy. They convinced us by tricky cheating modus operandi to invest hefty amounts rs 5 lakhs into my name i. E. Sudesh kumar sood and rs.2 lakhs in name of my wife sapna sood. Claverly they took my mobile phone and answered to the so called call also. We never knew that it was call from the insurance company and unknowingly they were agreeing to it's terms and conditions on our behalf by cheating us. When we received our so called policy documents. We were surprised to go through it's terms and conditions,, which were contary to what we were told. We immediately contacted mr prashant chauhan icici official and apprised him that we were never interested to buy an insurance policies. We surrended the policies with him and requested our immediate refunds. But he told us that ms. Tejvinder his manager can only take the decision who was not available. We remained in constant touch with him. We apprised him of 15 days free look in period. But he never took the matter regarding our surrendering the policies with the higher authority. There was internet and mobile disruption at panchkula due to arrest of ram rahim since 25/8/17... The services remained disrupted for days together. We again and again visited icici branch to enquire about cancellation and refund case unknowingly that both officials were lapsing the 15 days free look period.
After the situation calmed both the officials along with mr deepak nirwani said to be local manager from icici prudential insurance visited our residence at sector 21 and showed their inability to refund. Since i smelled something wrong i called the customer care number and detailed about the whole matter. The lady attending call advised me to make complaints on lifeline through email.. Which i did... Next. The whole story is similar as discussed in my earlier mail and under mentioned post the corporate office at mumbai is not doing justice and showing their inability for refund and saying that if we are unable to pay future hefty premiums the whole amount will go to dp fund and only saving account interest will be accured after deducting premium lapse charges. How can we pay hefty premiums out of our meagre pensions. The so called agents have been successful in grabbing hard earned money of senior citizen by adoption of their modus operandi of cheating and fraud.
Today i visited the icici branch and came to learn that both officials named above have been asked to quit and since left the branch. But what about refund of my money.
Manager says it's corporate office mumbai to take decision...!!!
In the above connection it's requested that justice be done to refund my hard earned money immediately. If we will not receive our money back within 2 weeks we will have to seek redressal through the court of law.. And all the court expenses along with interest on deposits and compensation for causing mental tension will be borne by the icici bank. Hoping for a favourable response at your earliest.

Regards

Sudesh kumar sood
&
Mrs sapna sood
#1210/21 panchkula 134109
Mobile [protected]

I was subject to application of policy under icici prudential on 3/3/16. I got the policy document on 11/4/16 and applied for cancellation on 13/4/16, while applying for cancellation, they refused to take my application on the ground that my free lock in period is over as it is counted from the date of e-kit which is not mentioned in policy document....

I reached out to bank to invest in tax saving fixed deposit, but bank employees goaded me into buying elite life pru policy saying that it gives better returns.

They made me sign a complex contract at the time of buying the policy.

Now after 3 years, i have returns of mere 30 thousand after investing 4 lakh rupees.in a normal fd i would have got almost triple that amount if had invested same sum of money.

When i reached out to them that i dont want to pay next premium, they are saying its locked for 5 years and you will get 4% interest only.

Bank agent who goaded me into this has resigned the bank already.

Scam!

I have left icici pru on 12th dec 2018
And submitted my all dues on 9th to my reporting manager basant dadheech
My emp id was 5044950. Igave him my id card and samsung tablet but company assigned a recovery against tablet of rs 8950. Please help me out.
For that matter i called prashant baregamma as basant dadheech is not answering my calls. I called and sent messege to hr arun sharma

Dear sir,
Your company is a giant one in the market but your employees are not proper. They are totally unprofessional. Your lady employee is calling my fiyonce in night not acting with him in proper manner and also call him in a weekend and flurt with him. It is not a proper manner. I am going to complaint it to the high level. I am an advocate from gujarat high court. Your employee named preyali shah, ahmedabad. She is acting in such a cheap way to my fiyonce. An its my warning that dont disturb your client's personal life. It is not at all professional. And learn your employees some manners.
Thank you

Dear sir,

I am an existing customer of icici prudential life insurance, i was having a plan named as guaranteed savings and insurance plan. I was paying annually 18500 rs. Since 2013. I had paid 2 installments (Around 37, 000₹). Due to some financial crisis i couldn't pay after that. Now, the policy has been foreclosed. I didn't receive a single penny from that policy. Is it fair for this big company to use these little amounts of poors like us.

Please, show some mercy and return my money.

My policy no. 17357812 name vivek jain
Received letter from your ward dt.[protected], about disallowance of rs. 13199/- from claim no. Cl9296323 (Claim value was rs. 43373/- and i received rs. 24139/-)
Against this i submitted documents (Breakup for rs. 1030/- and rs. 4077/-)
(New bills against mismatch of name for rs. 4992/-) on january 6th, 2018 but till date[protected] i don, t received any response from your side.

I am not happy with the service they are providing, at the initial time they do not tell the complete information about the policy and did not provide any document to read about the policy, just tell the positive points about the policy so that the customer bought it, if normal person invest money in some policy after believing them whatever they tell the good things about the policy. But once the customer buys it, then they deduct so many charges from the amount and in return they refunded even not the actual amount, the person has invested in the hope that they will get some amount with the interest.

Sir,
I have worked in icici prudential in 2009 hazratganj branch lucknow. My employee id was 572236. My boss was Vijesh sir.
I have done a course of PGDMI from BHU conducted by icici pru, through that I have been recruited for job as a unit manager. I had worked in icici pru for 3-4 months and I have received my pf yet.
So I request you to please guide me how I will receive my PF.
Thanking you
Tajender pal singh
tajender.[protected]@gmail.com

The icici prulife agent convinced me on a policy - guaranteedsavingsinsuranceplan, and i misunderstood that as a 1 time premium of 3 lakhs.
I realized it late that the policy paying term is 7 years. Since i couldn't pay, it ended up in "foreclosure" state.

How can icici prulife keep somebody else's 3 lakhs money, taking advantage of a small misunderstanding of the customer, and no way to get the refund.

I find this very unfair. Need help...

Thanks & regards,
Saranga pogula
[protected]

I have a wealth builder policy 18317604, payment has been debited twice from my sb account on 30th dec, 2017. I did raise a refund request[protected] on the same day and was told that refund would be credited back to the account from where it is debited within 6days. Still i'm awaiting refund and i raised an escalation request[protected], heard that cheque is returned but i did get any intimation from icici or courier on check disbursement, icici pru life customer service person is saying that she can't see any details or she is not connecting call to her supervisors. I want my money soon.

Thanks

Policy number= 19603038

This is to inform you that an advisor falsely sold life insurance policy to mr. Pramod kumar agrawal, in the name of fixed deposit with higher returns. He (Not much educated) got traped in his sweet talks and purchased the instrument worth rs 50000/- with having trust on icici brand name.
He came to know about this fact by the end of 2016, at the time when he was asked regarding further premium of rs.50000/- that he has been sold life insurance policy in the name of fixed deposit.
He continuoslly called that advisor several times in 2017. But he didn't respond to a single call.
Thus in the end i had to file this report. He want his money i. E. Rs. 50000/- back as soon as possible
Please give some response.

Regards,

Puneet agrawal

In may 2012 i opened a policy scheme wealthbuilder. Policy no:17312989.
I paid premium amount inr 2, 00, 000 after that due to personal reasons i was unable to continue the policy, now the status says "foreclosed". Already the lock period is over "more than 5yrs" and still waiting for amonut to be credited into account which i invested, not sure how icici bank works, or these guys just sit on customer money ans ask to forefit.

I would request to fullfil amount transfer asap

Thanks in advance

Dear concern team,

I went to icici bank branch for a fix deposit of amount 1lac. Your marketing executive chandan in delhi (Najafgarh branch) manuplate me and offer me a policy name wealth builder-2 to pay 1 lac annually and assure me you get 30% return yearly but it was not happened. I can see my money had reduced already and now its around 85 thousand only.

Policy detail: icici pru wealth builder 2
Policy no: 19020826

After a long research i came to know its use less policy and i diss-continued to pay premium from next year.

I want to surrender this policy from day one.
Please help me that i need my money back urgently.

Thanks & regards,
Sachin saini
[protected]

I have icici prudential life insurance policy no. 17349926. I was going through our email trails recently. My policy has been lapsed and foreclosed on january 2017 without providing any information to the consumer. Due to the overdue amount of the costly premiums. The policy got foreclosed before the maturity period mentioned in the policy terms. Since i already have made investments, i would like to know about the status of my policy and the procedure to surrender my policy and get the funds benefits in time. I have not received any calls regarding the updates from the relationship manager since april 2015.

I have visited the branch offices and written to the head office. I have not received any updates and satisfactory resolution in the said matter.in the month of july, i got to know the company has foreclosed the policy without prior intimation to the consumer. I have lost my fund and benefits. I had attempted to renew the policy in the month of january 2015, 2016, but due overdue charges and mode of payment were unaffordable to me, thereby, the policy got further delayed. I have asked for the refund, but i have not received any updates from the company and the matter got delayed since thereafter.

I would be happy to know if you could take the matter on urgent basis and help me recover the invested funds.

Thank you.

Sincerely,
Arun bhandari
+91 [protected]
+91 [protected]

I have apply for home loan of 20 lacs 1 month before, as per my eligibility 20 lacs is possible said by officials.which was suited for me.
but after that without any intimation or any enquiry they increase my loan amount up to 20 lacs 65 thousands and sanction with those amount. In that amount they added my life insurance without my knowledge or without any conference.
I don't want that additional insurance policy which forcefully added to my amount. I want to know how they do like this..just like playing with the customer as they have need.
this is unethical thing done by the bank.

Dear team,

I purchased the subject polocy in August 2014 and paid premium of Rs.20618/-.My polocy no: 18842270. after that i moved to another job and mobile number got changed and because of some financial crises i could not make the payment further. I contacted the executive who sold that polocy he said that i can get back my premium after 4 four year. now i contacted ICICI to check the status they said that my polocy was foreclosed and i do not get single penny.

This was not correct. I am not expecting any thing more then what i paid to icici.

Kindly consider my request and help me out.

Regards,
Vijay Kumar

Date 19/12/2017
Bhavnaben D Vanra
Policy No. 16349386

To
Respected sir
manager icici prulife,
subject : policy refund related

This reference to last sms received from your regarding premium due of 29126 pertain into insurance policy no:16349386 now i surprise i had never bought any insurance policy of such scheme. i had bought policy for one time premium or single premium towards paid rupees 25386.
now i come to know this is regular policy till date . i do not receive any policy document so i am not aware about terms and condition benefits of the policy. so this is pure negligence. i am requesting full refund of premium rupees 25386 within 30 days .you may refund directly to me .
i close the my home loan 25/11/2017.
so please solution my matter.
your faithfully
Bhavnaben D. vanra