[Resolved]  Max Life Insurance — amount after lapsed

Address:

New Delhi, Delhi, 110024

I have a max policy which is done by an agent named sangeeta rana in 2011. I paid 03 installements of rs. 30000/- each which means 90, 000 i paid. She has not even given our policy till date and lying that she has handed over the policy to us. Anyways unknowingly this policy has been lapsed as i even did not had any schedule of payment that when and what i have to pay. After got this lapsed i visited max office and they said that you still have 03 installments to pay and with interest you need to pay rs. 1, 23, 000/- which is not affordable to me. After a long discussed max said that they will wave off some amount even though after the waiver i have to pay rs. 95, 000/- which was again not possible. Then i decided to surrender the policy but surprisingly they are giving me only rs. 52-55000 against my payment of rs. 90, 000/- which is actually a pain. The amount of interest also they must have got on my rs. 90, 000/- since so many years and they are paying me such a less amount which is ridiculous. I wont mind if they deduct the reasonable amount and in this i don't have any mistake. The mistake is all from that stupid agent mrs. Sangeeta rana. Please do something so that i can get decent amount after the deduction. If max do not do so it means they are spoiling their reputation. I would not even suggest someone to go for max. Its a real pain to a common man.