ICICI Prudential Life Insurance — wrong issuance of life insurance policy

[email protected]

from Chennai, Tamil Nadu

Address:

F12, RUBY VILLA, DOOR NO.6, RAJA IYER STREET, SELAIYUR, CHENNAI, Chennai, Tamil Nadu, 600073

I have visited icici bank and requested them to make fixed deposit for rs. 1 lakh valid for 5 years.
An icici bank staff visited my house and explained about a similar policy which when paid with rs. 1 lakh will get matured in 5 years. I agreed and signed the documents.
When i received policy proposal (No. Os[protected] and policy no. 61084769 from icici prudential life insurance on 19th nov 2019. I have immediately explained and complain to them and asking them to refund back amount of rs. 1 lakh transferred from my account.
I received complaint query no.[protected], with response that my complaint will be taken up within very short time.
But even after repeated follow up, i did not get my amount refunded and insurance company is asking for monthly premium of rs. 8333 to be debited from my account every month for next 7 years, which is not i have asked.
Hence kindly help me out to resolve this issue immediately.

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ICICI Prudential Life Insurance customer support has been notified about the posted complaint.

Nov 28, 2019

Updated by [email protected] Even after complaint sent to ICICI Prudential Life Insurance, there is no response from them.
This shows bad service of such reputed companies, which plunder money from consumer without their approval.