Kotak Life Insurance — cancellation of kotak assured savings plan - policy no 09788642

Address:

New Delhi, Delhi, 110084

I have taken kotak assured savings plan in year 2018 by paying annual premium of 1, 20, 000. I was told i will get 10% on yearly basis & after 15 years i will get good amount so i though 10% is a good return. But after 03 months i shown it to 01 of my c. A friend he told premium has to paid for 10 years & how come insurance will pay you 10% till 15 years. Than i confirmed with sales executive than he told me 10% will be given after 10 years & for 05 years when you are not paying premium you will get very less yearly benefit may 2 to 4%. I was very much angry on him than he told "ab kuch nahi ho sakta". Than i though of cancelling policy. Now 01 month back i got mail from kli to pay premium & i told them i cannot pay premium & cancel my policy & i am not worried about 1, 20, 000. Than kli customer care is continuously harassing me for making a payment & they are saying i need to make payment for 03 years. Than i told them boss i have not taken any loan from you for which i liable to pay. But they are not cancelling my policy & continuously harassing me to make payment.