Max Life Insurance Complaints & Reviews

Hello,
I had two policies with max life and i had cancelled both the policies in month of january. Intially the monthly premium used to go through ecs from my salary account. Suddenly today the whole amount to renew policy i. E 52000/- has been debited without my knowledge from my account. I would like to bring to your notice this is by far very negligent service that i have received from your end. When policy had already lapsed and i do not wish to renew how can the amount be deducted. Look into this matter at priority basis and revert

Sir
I am bharathidasan my advisor code is 480787 worked as a agent in amijakarai branch chennai, i applied for noc and submitted all the necessary documents kindly issue noc as soon as possible. My contact number [protected]
My mail id bhar997711 at gmail dot com.

I applied noc form on 30 march 2018 in amijakari branch,

I lost my identity card and licence for that i provide a police complaint and the complaint copy i attached with ic 38

Kind issue my noc as soon as possible

And it is mandatory to the insurance company to issue the noc within a week period as per the irda rules and regulation

I have forced to take policy in max life insurance while to get a personal loan in axis bank. They told wrong information about policy and coverage amount, and premium installments (First told only pay for 4 years and now told must pay 8 years). Refer below forwarded mail..

8 years payable amount : rs. 1, 24, 519.00

But maturity sum amount : 1, 53, 735.00

I have paid 3 premiums, details below...

First premium - rs.15999 dated 24.12.2014
Second premium - rs.15800 dated 12.01.2016
Third premium - rs.15810 dated 31.12.2016

Total paid amount - rs. 47609.00
And i requested to surrender my policy, and they told you will get the amount rs.28, 800.00 only.

Please assist and arrange to get total paid amount.

Policy number :[protected]
Policy name : max life life gain premier
Agent code : 386188

Awaiting your reply...

M. Yugaravi senthil

I have max life insurance policy #[protected] in the name of mr. Mohit,, of which i have submitted two yearly premium but failed to submit 3rd year premium due to my serious car accident in july 2014 after which i remained in coma for 4 months n after that my financial condition is not as good that i can submit my premium of 3rd year. Now i want the refund as am not able to continue this policy due to my tight financial condition after the accident. Now plsss refund my amount otherwise i have to go to consumer court for this.

.
Hello

I had Agency in Max Life under code of 417698. I had resigned from Agency from Max Life Insurance in January, 2018. I hand over all necessary documents say, Resignation letter, Photocopy of ID Cards, and License Copy, to Surat-2 Branch office.

However, It is still active in IRDA Portal. And Branch officials were asking for original Appointment Letter and ID Cards. I had lost it in when moving home.

I am not having it original. I have only Photocopy of it.

Kindly terminate my code in IRDA Portal with immediate basis or else I will make complaint of the same in IRDA Grievances.

Thank You.
License no. :- 8732886
Agent code:- 417698

Sir
i am manasi lenka axix bank isharpur sold me a prdouct on 26/03/2018 by fraud . Details i give below. Bank agent told me for a fd in his bank for five years but he sale me a your life insurance . Date of incident-26/03/2018clinet no- license no- ca0069 agent code- 570493 and police no[protected] so i want to free look cancelthis police...

Myself Vivek chanekar my policy no. is[protected] I have taken maxlife monthly advantage plan on 21 March 2018 and I received policy pack on 26 March 2018. According to this my free look period is upto 10 April . My problem is I want to cancel my policy and for cancellations I reach nearest maxlife branch Sadar, Nagpur and they are not initiating the cancellation process of my policy. At first they said they will definitely surrender my policy and later in the evening they called me to inform me that they cannot surrender it and that it's not in thier hand . . Its been 5 day I am daily going to Sadar branch nagpur and people in the branch they are not cooperating with me . Sir please help me out to cancel my policy within 10th of April 2018.
Also I have not used this policy to claim any rebate in my income tax. I have submitted all the required documents namely handwritten application, cancelled cheque, self attested adhaar card Xerox and policy pack. I request you to look into this matter as soon as possible.
Thank you.

Hi,
My policy premium amount was auto debited from my credit card without my authorization. When i called customer care, they told me that i opted that option during my last payment. But i am 100% sure that i didn't select that option during my last payment. This is unprofessional and cheating the customers. I am planning to go to consumer court.

Hi maxwel life insurance...
This is mr. Duraisamy.. I took policy in your concern in the year of april 1st 2017... I paid a 1st year premium amount rs.16299. Now its a time to pay a next premium amount... I am farmer. Due to some financial situation i need to quit tiz policy and i am requesting you to refund my amount which i paid in the last year... Even. I dont know english... Tiz doc was typed by my daughter... Plz dnt cheat us... I am not asking any interest. I am asking only my amount... I called to customer care and requested them to register my complaint to their higher officials and do some favour... Try to understand farmer situation... I am expecting positive news from you..

Sir, my policy got terminated with max life insurance on 31 march 2017. But some claiming themselves to be representatives from max head office, gurgaon called me up. Their names are rameswar tyagi-[protected]
Suchitra nair -[protected]
Ankita pandey-[protected] etc. They said that i can settle my amount if i get a client id with any other insurer. I believed them and opened a policy in hdfc life by paying ₹20000. Although my money is safe within the policy. But how can fraudsters like them avail the confidential information of customers like their mobile number, name, date of birth etc. What is the organisation up to. Please take immediate action on those #. I will not want others too be trapped by them. Thank you.

I did not authorised max life to debit my account but without my knowledge they have debited my account. I have intimated max life insurance that i do not want to continue with the policy as i have personal problems. But still they have debited my account. I am really angry and would like to money to be refunded immediately. This in unprofessional and illegal. I have all the call recordings where i have mentioned that i do not want to continue with the policy.

Policy under my name — subhadeep ghosh

I had asked for 12 year payment policy of max life monthly income advantage plan but it is done as a 15 year payment policy so i want it cancel and want back my money for instance. I am no more interested in this max life monthly income advantage plan. My problem is that i am no more interested to invest money in this plan. You can understand and payback my money to my account. I want to cancel my max life monthly income advantage plan.

Dear sir,
In uan portal my detail not update so i courier self declaration sent to chennai by post but till not reply any for by us. My father name not update in uan portal so i can't claim till father name not update. So please update my father name in uan portal. My detail below
Emp. Id 136587
Uan[protected]
Member id tnmas[protected]
Devendra kumar gaurishankar
Cotacnt no. [protected]

Self declaration doc no.
Doc no.[protected]
Date 16/03/2018
Shree anjani courier service ltd.

Dear sir,

I here by mr. Terence vincent gonsalves policy no[protected] is forwarding complain on my agent mrs sarita surendra yadav for no service received at all from by the above agent. I would only like to say to deprive such agent's from the commission they get from my policy. As i was not well my wife asked them to do favour on us by collecting the premium check from us, but still their was act of sympathy on their behalf i have to come and pay my premium. Its really shameful for such agent wbo are least bothered what service they are bound to give, but only has hunger for customers commission even the company is to least bothered about their client, how will such company survive without the satisfaction of the client.
I will really appreciate if you please look on this matter and take action on such agent and improve the service for the client.

Wanted to post it out there to seek some advice/answers and alert other people. On 24 Mar 2018 i got call from a "Garima Gupta" (phone # - [protected]) saying that she is from MaxLife Operations branch delhi and telling me that they have received a request from my policy agent (Axis bank) for transferring the agent commission and policy bonus accrued till date to them. She mentioned that they are getting lot of customer complaints re: the agent services and that if i am not satisfied with the services i can ask for withholding the amount and instead get that amount transferred to myself. Since i never got any service calls, i said i don't want to transfer any amount to the agent, after which she gave me a complaint number (CN07060/MAX294) and asked me to urgently call one "Rashmi Tyagi" (phone # - [protected]) specifying that she is from the head branch and confirm her back so she can send the file immediately to Rashmi. I did the same and post that Rashmi called me up explaining the whole thing again. 2 days of back and forth on calls, she mentioned that in order to transfer this amount they need to generate a self serve code for my policy and then link to it. She specified 2 options to get the code (#1 go through a training from IRDA which involves spending 6 hours every day for 60 days post which i can get that code from IRDA .. :D and #2 i can create a dumb policy with one of the 4 agencies they have for Rs 70, 000 and that it will be a temp policy which will be terminated after 60 days and a fee of 180/- will be deducted and rest will be returned etc..) ...During the course of the talk i realized this could be a fraud and i started cross questioning her re: why new policy, why a different rate on dumb policy etc. etc.. to which she clearly failed to answer properly. by the end i also mentioned that this seems to be a fraud to which immediately dropped the call.

Issue - they had my policy number, the premium paid till date in the policy...these 2 things are supposed to be protected by MaxLife company as part of the privacy clauses. Breach of this data is what makes me question MaxLife's processes and safety measures. MaxLife - WHATEVER PROCESSES/ FEEDBACK AND REVIEW SYSTEMS YOU HAVE IN PLACE IS NOT WORKING OR IS NOT ENOUGH...GET OUT OF YOUR SLEEP!!! How can i trust your systems further re: privacy of my other data points.

Question - Should i take the above information to police and lodge a formal FIR?

Saurabh

I got an call from Anjali Sharma (Mobile No : [protected]), She represented her as Max Life Insurance representative.

She told me that Max Life Insurance will provide me Rs. 55000 for that i will have to deactivate my agent name with my policy and share pan card details with them

I had and bad feeling that they are fake and that's the reason i said i will confirm the details tomorrow but she tried forcing me to take the decision today itself and that also in 10 mins, here i got an confirmation that this fake call

My question to Max Life Insurance

1. What you guys are taking action for such incidents
2. How my policy details has been leaked
3. How my PAN details are available with them
4. How my mobile number is know to them

Then after i call customer service they said just ignore the call, WTF seriously how you can say just ignore the call

Max Life Insurance has to answer how details are leaked

Or its an dirty game of Max Life Insurance they are playing with customer so that customer should remove the money from Max Life Insurance and they will eat up all the profit which they have to share with customer during maturity

So customer will get afraid and just say give my invested money back

मेरा नाम दीपक शर्मा है मेरी पालिसी का नंबर[protected] है | मैंने यह पालिसी लगभग 3 साल पहले ली थी | जिस एजेंट ने ये पालिसी की थी उसने मुझे ये बताया था कि पालिसी को आप तीन साल तक छेड़ नहीं सकते है और अगर तीन साल पैसे जमा करवाने के बाद अगर आप पालिसी को तोडना चाहते है तो कंपनी आप का ब्याज का कोई पैसा नहीं देगी लेकिन आप को 3 साल का पूरा पैसा मिल जाइएगा | इसके अलावा उस एजेंट ने मुझे बताया था कि आप 8 साल तक क़िस्त जमा करवाएंगे तो 15 साल के बाद आपको लगभग 3 लाख 50 हज़ार रुपया मिलेगा |
मैं इस पालिसी को पुरे 15 साल तक चलाने के इरादे में था, और टाइम पर अपनी क़िस्त जमा करवा रहा था लेकिन अब जब मैं पता बदलवाने के लिए मैक्स कि ब्राँच मैं गया तब मुझे पता लगा कि मेरे साथ पूरा धोखा हुआ है | मुझे पता लगा कि अब अगर मैं तीन साल की क़िस्त जमा करवाने के बाद पालिसी को बंद करने की सोचता भी हु तो मुझे लगभग 33 हज़ार मिलेगा (यानी मेरी मेहनत की कमाई में से लगभग 27 हज़ार रुपया बिना किसी बात के कम हो जायेगा) और इससे भी ज्यादा जिस बात ने मुझे दुखी कर दिया वह ये कि 1, 60000 रुपया जमा करके 8 साल और इंतज़ार करने के बाद यानी पूरा 15 साल का इंतज़ार करने के बाद मैक्स (अब तो इस शब्द को सुनकर दुःख और सिर्फ गुस्सा आता है) मुझे लगभग 2 लाख रुपया ही देगा |
मैंने मैक्स कि रेपोटेशन देख कर ये पालिसी ली थी पर इतना बड़ा dhoka होने के बाद समझ भी नहीं आता कि क्या बोलू |
सर आप लोगो कि कम्पनी बहुत अच्छी होगी पर मेरी लिए इससे बड़ी फ्रॉड कंपनी पुरे दुनिया में कही भी नहीं है |
एजेंट को क्या बोलूगा क्यूंकि मैंने पालिसी तो मैक्स से ली है, मेरे साथ हुए इस धोखे के पुरे जिम्मेदार तो आप लोग है ना, आखिर वह आपकी कंपनी से ही तो फ्रॉड करने कि सैलरी पाता है ना
पर एक इतनी रेप्युटेटिएड कंपनी को ऐसे काम नहीं करने चाहिए वार्ना लोगो को विस्वास टूटता है तो फिर कंपनी तो रहती है पर लोगो का विस्वास नहीं रहता है, और आज के टाइम में जिस कंपनी कि गुडविल नहीं तो कुछ भी नहीं |

Dear sir/mam,

I the undersigned, Jaikrishna Satyavrat Khedkar, policy holder of max New York life insurance, would like to complain about the company. As per records, I invested 60, 000 INR for six years and am having the receipt of the same, policy got suspended and closed. When I surrendered my policy, the concern employee of the company told me that I will receive a refund of 48, 000, in return, and it was system generated amount as they told me, they refunded my only 23000.
When I complained to there customer service, they are not giving me the reason and sending me the same mail again and again. I complained to their head, manager level persons on there official company Id, but no one cares nor there manager or head replying to my questions, only that customer service executive sending me same reply again and again.
I need my remaining amount of 25000, but still they are not ready to reply.
I would like you to take a closer look on mail where in one mail they said they send me amount on 19th March, in second mail, the same mail, they stated that they send me the amount on 20th March. Here’s they’re not conformed when they send me the amount of 23000.
Purely a hopeless and worst company ever saw in my life.

Please find my policy number :[protected]

Please do the needful at earliest

मुझे पालिसी बेचते वक़्त एजेंट ने बड़े बड़े वादे किये थे कि आप 3 साल के लॉकिंग पीरियड के बाद अपनी पालिसी सेन्डर कर सकते है जिसका आप के लगभग 2000 के करीब काटकर बाकी पैसा आपको कंपनी वापस कर देगी पर अब असलियत कुछ और ही सामने आ रही है, 3 क़िस्त का 60 हजार से ज्यादा जमा करवाने के बाद कंपनी बोलती है कि अगर आप पॉलिसी सरेंडर करोगे तो आपको 33000 के करीब ही वापस करेंगे यानी मुझे लगभग 27000 तो मूल जमा में से नुक्सान हो रहा है, और 3 साल रकम का जो ब्याज हुआ उसका तो कोई जिक्र ही नहीं करना चाहता, इसके अलावा एजेंट ने बताया था कि आप इस प्लान में 8 साल में लगभग 1 लाख 60 हज़ार (20 हज़ार लगभग हर साल ) जमा करवाएंगे और इसके 7 साल के बाद मलतब 15 साल पुरे होने पर कंपनी आपको 4 लाख 50 हज़ार लगभग वापस करेगी पर अब मैक्स लाइफ इंस्युरेन्स वाले बोलते है के एजेंट ने आपको गलत बताया था आप सब मिलकर 2 लाख 25 हज़ार के आस पास ही मिलेगा, कंपनी अपने एजेंट के फ्रॉड को मानती है पर फिर भी कुछ करने को तैयार नहीं है कंपनी वाले बार बार फ़ोन करके मेरा जीना हराम किये हुए है

My dad has a policy from max life insurance, whose premium was due in march 2018, and in the last week of feb 2018, my dad received a call from a person imposing that he was calling from max life insurance as their insurance agent representative and told that as the policy premium was due in march if we make a payment from any other bank account other than hdfc then we will be eligible for 10 % discount on premium which would be inr 5000 (My dad’s policy premium is inr 50, 000).
The max agent name is vijay and mobile number is [protected], he has details of everything with him regarding policy of my dad. So we believed him as he told the policy number, due date etc. Therefore we did not doubt his intension.
And on 3rd march we did imps of inr 45, 000 from my icici account to sbi account whose details were sent by that agent. The beneficiary account details are mentioned below:
Sbi new delhi
Beneficiary name max life[protected]
A/c no [protected],
Ifsc code – sbin0002084
We received confirmation via sms that our premium is paid for inr 50, 000 on 5th march 2018. However, as my dad’s hdfc account is also linked for auto ecs deduction for max policy premium. So on 20th march inr 50, 000 also deducted from my dad accounts for the premium.
We informed max life about this incident on 21st march, and they revert with mail confirming that there is fraud and we have done the payment to third party for inr 45, 000. We are really shocked that how max life is sharing all details of policy owner with fraud people.
I want full refund of inr 45, 000 from max life, as they are only responsible for this fraud.
Thanking you
Rahul kohal
[protected]@gmail.com