Max Life Insurance Complaints & Reviews

Sir,
I would like to tell you that i am working with MAX LIFE INSURANCE company from last 8 months. My Agent Code is "474538".The resignation has been approved by the branch manager . But the problem is that till now i don't got my "NO OBJECTION CERTIFICATE" from head office of the company. I have talked regarding this issue in branch office of MAX LIFE INSURANCE but they have not provided any support to...

I have a policy with Max New York Life, which was taken in 31 Jan 2011 and the policy number is[protected].The complaint on them is, I had paid 3 years premium of 60000 i.e. 20, 000 per annum for 3 years. I was need of money and I went and SURRENDERED the policy, they told me that your policy was lapsed and we don’t know how much you will get and the amount will be calculated and credited to your account with in ten days and[protected]...

Recently i had purchased policY from Max Life Insurance with premium amount 3000 each but agent commitment was different he told me that if you will buy this "Max Life GAIN PLUS PLAN" policy then company will provide you some extra benefit 9000 rupees cash commission back + family member Medical cover and all these benefit we will provide you till 10th de-13 he commit me my 1st policy term is 6 years and after 6 years you will receive...

Dear Concern, I want to raise complaint against MAX LIFE INSURANCE, Max life insurance having a direct sales agency called’ IC DIRECT SALES AGENCY’ located at new Delhi. I got a call from same agency and offer me MAX Life insurance Gain Plan with health insurance for my entire family.But after paying sum of Rs 20000 for policy no[protected] and wait for 3 months I came to know that Max Life and IC direct are fraud and cheaters. Even...

Dear Concern, I want to raise complaint against MAX LIFE INSURANCE, Max life insurance having a direct sales agency called’ IC DIRECT SALES AGENCY’ located at new Delhi. I got a call from same agency and offer me MAX Life insurance Gain Plan with health insurance for my entire family.But after paying sum of Rs 20000 for policy no[protected] and wait for 3 months I came to know that Max Life and IC direct are fraud and cheaters....

Dear Concern, I want to raise complaint against MAX LIFE INSURANCE, Max life insurance having a direct sales agency called’ IC DIRECT SALES AGENCY’ located at new Delhi. I got a call from same agency and offer me Life insurance with health insurance for my entire family.But after paying sum of Rs 40000 for policy no[protected] and wait for 3 months I come to know that Max Life and IC direct are fraud and cheaters. The fraud team information....

Dear Sir,


As you know that i Shafi Shaik with Emp ID: HYD1529 have resigned from the company on 10th dec 2013 and completed all the exit formalities.Its been two months yet i couldn't receive my relieving letter. I kindly request you to issue me with the relieving and experience letter as soon as possible.

If it is issued already and sent i kindly request you to resend it or would be appreciable...

Dear Concern,

register a complaint against MAX LIFE INSURANCE and it's direct sales agency IC DIRECT SALES AGENCY ' Located at New delhi.I got a call from same agency and offer me Life insurance with health insurance for my entire family with a policy of 40000 which will cover health insurance of 4000000, and another policy as a gift 15000 of this policy will give me money return of 13800 with in 30 days, But after...

Dear Sir/Mam,

I have a policy with Max Life Insurance Company Ltd.My Policy No. is[protected].I have done this policy from Axis Bank Ltd., Samana on Dec, 2010.I have paid 3 premiums of my policy as advised by bank employee and they said you will get doule amount after 3 years.I have completed 3 years of my policy and now i want to withdraw my amount.But when i went to max life insurance office they said your amount has been...

Dear Concern, I want to raise complaint against MAX LIFE INSURANCE, Max life insurance having a direct sales agency called ' IC DIRECT SALES AGENCY ' located at new Delhi. I got a call from same agency and offer me Life insurance with health insurance for my entire family.But after paying sum of Rs 40000 for policy no[protected] and wait for 3 months I come to know that Max Life and IC direct are fraud and cheaters. The fraud team...

Sir, we have paid our premium

Number[protected]Neelavanna kannan.M) amount rs.13401
Number[protected]Parameswari.N) amount rs.10000

Date:19.10.2013 at erode (Tamilnadu) office.

Still now we did not receive the receipt. Please send the receipt quickly as possible. We need very urgent for income tax calculation.
Address: 77/a ganapathipalayam north, thanthonimalai, karur-639005, tamil...

Sir,
Mr. Shubham Agrawal (agent) and Mr Prashant Srivastava (officer) of max life insurance visited me and explained me in writting a R.D. plan . that if I will pay a premium of Rs. 4200. per month for 36 / 60 month I will be giving company Rs 1, 51, 200 / 2, 52, 000 and will get a return of Rs 2, 64, 600 / 4, 51, 000 after completing three / five years . I opted to put the policy on three years payment . which were paid by me br...

Sir, I have 5 life insurance policies from Maxlife insurance.Now i want to surrender these policies because they are not giving good returns.My agent of this company approach to Udaipur Office with all documents, they refuse to receive the documents, saying that policy holder should present physically.This is not a rule, it is only to discourege to custemor. My policies are.[protected],[protected],[protected],[protected] and[protected].
Dr.Navratan...

Did you fall prey to miss-selling from Max Life Insurance? Did they cheat you by showing an inflated surrender value? Don't get surprised. Welcome to the club! You are only one in thousands of victims cheated by Max Life. (Re-posting in a detailed manner as I don't see an option to edit complaint. Attached proof of cheating, please see that as well) Here's how Max Life Insurance cheated me twice on the same policy! I...

(Please read completely to understand "How Max Life Insurance can cheat you in multiple ways")

I fall prey to mis-selling from Max Life Insurance. I had taken a Unit Linked Insurance Plan from Max New York Life (now known as Max Life Insurance) in 2008.(Policy No:[protected] The plan name is "Life Maker Premium". When I took the policy, the following were offered to me.

1. I can pay premium...

Not getting any response from your executives regarding policy claims even paper submitted. I had a worst experience with your company to closed my policy. At least give reply of my mails. Is there any consulting person whom i can deal. If you can't pay us our money on time then why you asked us to pay you on time and to purchase you policy. I have worst experience with your company. Contact me: [protected] Dr. Ravi Kumar...

I had invested in a policy with Max New York, policy no is[protected] in the year 2009, premium Rs.50000/annum. As per details provided by advisor policy having 3 years locking period, after that i can get at least premium paid amount or more according to the market value, without any surrender charges. With above condition i agree to take policy from them thinking that it will give good return after 3 years, but when I went to Max...

Hi, I took this policy on 2008 and paid the premium for 5 years. When i looked at the consolidated statement, my premium paid till date was 55, 260 but my balance now is 40, 232. I have lost 15, 000 in the name of administrative charges, mortality charges etc, etc. Want to surrender now. Please let me know whether i will get the 40 k atleast....

My name is Bhagath Chandra Battula with Policy no:[protected]. I have requested for Partial Surrender on 07/10/2013, they have forwarded a cheque of 47, 000/- to 14/10/2013 to my previous address, All the time they ask for updating details but they don't update themself. Then it was forwarded to my present address, after 1 Month I have received the cheque but they blocked the transfer. I have called the customer service but they say you...

Dear Concern, I want to raise complaint against MAX LIFE INSURANCE, Max life insurance having a direct sales agency called ' IC DIRECT SALES AGENCY ' located at new Delhi. I got a call from same agency and offer me Loan on 0% interest in 45days of processing. Then he offer me a MAX LIFE INSURANCE policy and told me that You have received a loan against policy in next 45 days. At that time I a very needy person in terms...