Max Life Insurance Complaints & Reviews

I have two policies with max life with the policy number[protected] and[protected]

Due to financial conditions i am unable to pay the premiums and i want to discontinue the same. When i called the customer care i was told i would get just 30% of the amount paid. When i took the policy i wasnt even informed about this.

I have paid close to 2 lakhs which includes both the policies. I want my complete money back....

Hi,
I started receiving calls yesterday about my policy with max life insurance. The first caller who identified himself as rajeev shukla (Mobile number:[protected] asked me if i nominated my agent to receive the bonus for my insurance policy - i said i wasn't aware of this. He mentioned that i have nominated my agent through the signatures i made on various forms at the time of taking the policy. He said that there is an option...

I have insurance from max insurance no[protected] from july 2007 but in aug 2016 and mar 2017 double premium was deducted from my account. I have complaints for this at your wardhaman nagar branch nagpur. I have met with mr devendra pauniar regarding this problem. He said he mail to concern person but yet to receive any reply. I have call sevral time to mr devendra but he dose not reply. I have not met such hopless and unprofessional person....

I purchased 3 policies total of rs 97500/- from your borivali office agent prashant. At the time of purchasing policy he explained me lot of benefits from policy later i came to know the agent fooled me, the policy which he gave doesn't have much benefits as quoted by your agent.
Also he gave me all original papers after 2months due to which i was not able to avail your return policy benefit.
I tried to contact him but now he...

Sir,
I am sorry to inform you that I have approached Axis Bank Nuapada Branch for provide of Money receipt against my above Policy No several time but I am helpless to receipt of the Money receipt of my 2nd term deposit of premium against Policy No[protected] which i need to filein my office for calculation of Income tax rebate....

I am dr anitha p from kottayam who has a max life life gain plus 20 yr 6 pay policy no.[protected] policy number.

I am truly depressed with this policy. They only know to demand money.

So far i haven't received any money or information from them even after 5 payments. Its a shame to be so irresponsible.

At the minimum, they need to contact me at my email [protected]@gmail.com and give details on my...

I anjali thami have been misleaded to get max life life gain premier having policy electronic application no[protected]. I never asked to acquire this. All this happen in acquiring loan from axis bank darjeeling branch. And a sum of rs 56430 automatically deducted from my account as initial payment without my consent. I told this to tele verifier of max life insurance but they did not respond properly. Plz help...

Hi readers,

I have taken the above policy in 2014, at the time of taking agent said that it can be surrendered after 4 consecutive term payments are completed. I have paid rs.51, 125.03 each term i. E. Around rs.204500/-. When i have contacted customer care they mentioned i will get only half of the amount, now i am shocked. These people have cheated me. Do not buy any life insurance product from max life. They are cheating...

The policy was wrongly sold to me, as per the max life insurance folks, its their partner axis banks mistake but none are accepting it and i am in a fix, why are such companies are allowed to operate, how can they eat away someone's hard earned money? Both the parties now are taking very long to respond and every time they say sorry as per the policy guidelines issued by irdai, they are not suppose to pay or refund my money....

I paid premium of Rs 15337 online for my policy no[protected]. The transaction was successful. The message for the same was also received. The acknowledgement receipt for the payment is not received and can not be generated by OTP. The message displayed is." sorry no records found for this policy for 2017-18....

I have purchase a policy with max life and the benefit/illustration documents shown to me while buying the policy was different and after paying all the 6 payment installment i come to know that the benefit/illustation document was different and max life have not even taken signature in that documents
They have purposely hided the data and tken my money with fraud.

I told that since i have not signed all the terms and...

Dear sir,


Received another fraud call from this number '[protected]'
He said fund has to be release related to your policy which an agent is trying to obtain and you have to remove agent code to prevent fund to be release to your agent.

Previously numerous times from different number male/female fraudster had called. They have all details of policy number, address, phone no. Etc....

Availed a policy named max life monthly income advantage plan no.[protected] from maxlife insurance on 15/02/2016. Due to my financial situations am not in a position to pay the premium rs 51, 039.38 in a single payment. So i said them to cancel the ecs and choosen payment though cheque mode in quarterly basis but they said they compulsorily need a mandate form with my signature for processing it for change in mode of payment. I also signed...

Sir,

Reference policy no :[protected]

I have purchased max life insurance policy in 2012 for which i have paid two premium for rs.98476/- each but due to my financial bad position i was unable to pay rest of the premium and my policy got lapsed now company is not returning my premium amount or not giving any alternative plan and on approaching them they says ur policy is terminated and no amount can given to...

Hello my name is shailesh kumar yadav. I have invest 120000 divided four policies in max life insurance who will guide me that person name is sarwar alam his contact number is [protected]. He is employee of axis bank branch maqbool alam road varanasi trade centre. He told me you have to pay only 1/one payment and after three years you will reedem them and know the max life is telling me your policies are not redeemable because you have to...

Respected sir,

I am having policy in max life insurance, policy no[protected]. I got call from some person, (Mobile number - [protected]and [protected]) on 7 and 8 feb 2018.
She was having each every details related to my policy which are actually supposed to be confidential. She told me that there was a 10% agent code which was applied on my premium (Premium amount - rs 46000/) and can be given as discount if paid directly...

I want to surrender my maxlife pension plan policy since i am not able to pay the premium of 5 lakes each year. I paid 4 years and i am 64 years. Axis bank managers cheated me in joining pension plan even though i was 60 years.

No i don’t have money to pay premium hence needs to surrender this policy.

Axis bank is not providing enough attention and assistance to me. They want me to keep the fund for their...

My sister is working as an agent in your delhi office an adm named nalni kant mishra repeatedly ask money from her and also used her credit card for purchasing a mobile. He has said to us he will return back money but from past 4 months he is not paid the lended money and when asked for money he start abusing my sister and she lives alone in delhi. Your company engage these types of people who dont respect lady staff how you deal with lady...

Hi,
I was an employee of max newyork life insurance posted in lucknow from 2006 to 2007 (Approx) however ever since i have not withdrawn my pf and full and final.
Request you to please let me know the process and also provide me my employee code/pf number and pf office where i can coordinate and withdraw my money.

Regards
Nandita mishra
[protected]...

Dear Sir / Madam,

Since I could not get any response, I dialed customer care number [protected] for inquiring the amount that I would be getting after surrendering the policy. I could not get correct answer from the customer care executive and the answer is too confusing. I was shocked to listen to him saying that I would be getting only 30% of the total premiums paid till date plus applicable bonus!!! when I asked for the...