ICICI Prudential Life Insurance — policy no:30307092 no update for cancellations of policy

Address:

Indore, Madhya Pradesh, 452008

Policy no:30307092
Reversal of my fund with dismissing the recent policy
Reason:consumer complaints logo
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Insuranceicici prudential life insurance policy no:30307092 no update for cancellations of policy
Icici prudential life insurance — policy no:30307092 no update for cancellations of policy

1 review
Sh shaligram prajapat on jan 2, 2019
Mark as resolved

Policy no:30307092
Reversal of my fund with dismissing the recent policy


Updated by shaligram prajapat, jan 02, 2019

The marketing agent explained most of the benefits to dad but did not communicate any of the yearly fixed expense he would be incurring if he choose this investment scheme.

To our surprise, when we received our original policy document we came to know that out of rs 3.47 lacks approx which we have paid rs147000 has been deducted as expense and the balance i. E rs 2, 00, 000 has been invest as an yearly installment payment, for 5 year, that has not been told
Which is impossible for me to invest even in dreams.
The whole fraud is on account of false representation by the marketing team who did not disclose the expense. Had that expense been disclosed to us at that point of time, we would have definitely not taken the policy.