Irda — Insurance policy sold through false commitment of providing loan.

Address:Mumbai City, Maharashtra, 400013

I received a phone call from arman ahmad from mobile no.[protected] that if i take a insurance policy loan of rs.5 lacs will be provided some how he convinced me to take the policy. Later i tried to cancel the policy but one of his associates deepak sharma called from no.[protected] and asked not to cancel the policy as he will be soon transferring the loan, but no loan has been provided and they also asked me to take another policy to fulfil the formality of bank transaction charges. Other numbers from which supporting phones came were +[protected] and [protected]. What action can be taken against these fraud telecallers and agents and how can i get my money back.
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Its seems that to sell some policies you have been trapped by unscrupulous agents, unless documentary evidence of loan assurance no complaint can be lodged against these fraud agents to IRDA. Even if you complain, they may say policies are sold to you as per your request only. Therefore you should have aware there is no link between loan & buying of policy, This is only trick plied by the agents to sell policies to you, as such legally you cannot do any thing w/o valid evidence.

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