Max Life Insurance Complaints & Reviews

Insurance broker had made a fraud with with me he told you cam withdraw your policy when ever you want now i was asking for the surrender of my policy he is not responding me none of the term and comdition are matching what the agent told me he us diing a fraud with me please help me out i will be very thankfulnto you

Thanking you
Sirajuddin
Policy no:[protected]
[protected]...

My name is tania d/o vijay kumar sethi.. My dad started the policy on 27 feb 2006 having policy no[protected]Plan of max life insurance endowment to age 24). He expired on 5th nov 2015. My mother is a heart patient so this policy couln't be transferred to her, so this policy has been transferred to me.. I went to max life insurance office ludiana and i submitted my all details and documents there. They send me the inclimation letter yesterday...

Dear sir / madam,

Policy no. :[protected]

I am compelled to raise this concern in this forum, after a long chase of 3+ months with maxlife insuracnce regarding policy issuance.

I bought a maxlife online term plan policy on 28-april-2017 of sum insured of rs. 2, 00, 00, 000 by making a payment of rs 31, 503.63

But after a follow up and begging for policy issuance of all 3 months,...

Hello,
I used to have a policy with max life till last year after which i surrendered it. Yesterday, one year after the policy was surrendered, i received a call from some people claiming to be customer service executives from max life. They claimed that they can help me get back the agent commissions that were paid out back to me and i just need to follow a process. I got suspicious and found out that it is indeed a fraud call....

Max life insurance_ application no.[protected]

Max life insurance very very very very... Poor

I am a max life insurance term plan holder i am a policy fill the 26 april 2017 policy online

Policy delivered in 8 june 2017 2month in policy delivered & 7july 2017 the policy plan

In correction the the mail to service. [protected]@maxlifeinsurance 15 days no mail & no phone call
Naveen...

The information given at the time of taking this policy by your insurance advisor was that i will be getting my total paid premiums as well as the bonus accumulated - 10% of total deposit value once i surrender my policy (After minimum 5 yrs lock in period).

Now customer service executive saying the cash surrender value will be at least 30% of all premiums paid (Excluding first years’ premium)..

That means...

The information given at the time of taking this policy by your insurance advisor (Mr anup bhandari) was that i will be getting my total paid premiums as well as the bonus accumulated - 10% of total deposit value once i surrender my policy (After minimum 5 yrs lock in period). Now the email that i received from maxlife grievance team shows a different calculation.. Which is as follows

As per email — the cash surrender value...

Ref: max life policy no.[protected]
This is to inform you that my salary account is with axis bank, dalhousie branch, clive row, kolkata-700001. While discussing with one of the staffs in the bank, (Mr. Prasenjit paul) regarding parking of some amount of rs.1.50 lakhs, mr. Prasenjit paul had told me that i can put the money with your max life. I had, in fact, told him that this money i require after 3 or 4 months when my daughter’s...

I have applied for maxlife fast track plan on as application no[protected] and premium amount has been received to you on 12th june 2017. But still application is in process. It is very sad that you are trying to hold the amount unnecessarily in the name of processing. I have responded all the queries. Nothing ls left with me. Kindly check the delay in finalise the application no. If it is not feasible to accept it kindly revert the payment...

I have puchased term plan online and i made the payment on 3-7-17 my medical also done on 4-7-17 but after payment there is no followup by maxlife and they don't update anything. Even after several call from my side the customer care didn't raise my compliant. They are not for customer support they are just trying to make fool and giving excuses. Today is 13-7-17 but they said my policy are on initial stage and they don't know why. Means...

I am hold a policy with max life insurance (Max life gain plus 20 yrs 6 pay) policy agent yes bank agent id 450986 told me that policy is for 6 years only after 6 year i can surrender my policy and i will get double of my paid amount but when i am contacting max life customer care they told me that my policy is for 20 year instead of 6 years and i can't surrender my policy before 20 years if i surrender my policy before 20 years i will get...

I have a term life insurance policy number[protected] with max life insurance. The renewal premium was a due in 7th july, i had sent policy service form requesting not a to deduct the premium automatically as i don't intend to renew. Told i will i pay by cheque if i want to renew.
The request letter was scanned and sent to their mail id, a it was processed and confirmed that it is processed.
On july due date recently, the...

I hold 4 policies with max new york... Was never informed that we will not get anything when policies are surrender,, why this clarity are not being given to the client at the initial time itself, so it means are they cheating the public, how to raise voice against these insurance companies, will the government extend help to close such insurance companies who are cheating the public money, i should really thank lic for that, they are very...

The above said company policy no[protected]. The said policy commence in year 2007 and i have monthly paid rs 2000 up to year 2012 from my bank account. Total amount paid rs 120000 within 5 years and said policy mature amount will be pay max life on 10/7/2017, approximate amount will be 200000, but said amount not deposited in my idbi bank account their chembur mumbai branch office collected all policy relevant papers on 6/2/2017 alongwith...

I have filled partial application on 18/06/2017. I have paid the amount for 85 lacs term insurence and 25 lacs for accidental coverage. I have paid online rs.20383.
After that system shows some different/wrong values for the equote (Equote no. Orsx1808). It is showing the coverage around 45 lacs and premium some rs. 11500. Also it is showing my annual salary rs. 4 lacs instead of rs. 14 lac 30 thousand.

I have send more...

My premium amount is 20k. I took policy on 2015 sep.. Till now I Paided two premium 40k. if I will be closing before 3rd premium or after 3rd premium what is the surrender amount I will get ..
I asked Maxlife customer they said if am closing after 3rd premium they will return only 15k but they mentioned in document if am closing 2nd year surrender value is 30k... But now they are saying only 15k that also after 3rd premium.....

Hi am nitin tyagi i am a 4 years old max bhupa customer when i upgrade my policy to add my mother and wife in my health insurance that time max bhupa executive saying in this policy maternity plan delivery time all expenses will be paid by max bhupa health insurance and after baby born baby will b covered in insurance for 1 year all vaccination and hospital charges am saying ok you can add my mother and wife in my health insurance... I am...

Sir my name is mina Agrawal. I had taken life insurence from maxlifepolicy. My policy number is[protected].I had surrendered my policy after 3 year lock period as all time I want to surrender the policy they said that you have to deposit your policy till 3 years only after that your amount will be refunded but now they are not returning our amount and saying that lock in period is 5 years ( earlier all time they said lock period is 3 year...

Hi
I had taken a policy on 2012 and in that very year I wanted to switch my policy to some other policy which I was told that I can do so after 3 years.

Now after 3 years they say that the policy which I took cannot be changed to any other policy.

Now when I send them mails regarding to surrender my policy I get a message Which READS

I am sending a copy of it.

Max life claims...

Policy Number :[protected]

I am a policy holder of Max Life Insurance and I have to filled a complaint that I have been misguided about the policy also in all the policy documents my signature was missing in (illustration, policy acknowledgement) documents.
Without my signature in the acknowledgement receipt they have processed my policy, so I have never accepted that policy .
So now since I have paid from 2011...