Max Life Insurance Complaints & Reviews

Hi,

This is USHA GUPTA, customer for MAX NEW YORK LIFE INSURANCE

We made three policies with Max new york initially.
The first policy that i made was for Rs 1,00,000,
I was told i need to pay premium only once but when we need receive the bond it was stated that i need to pay 1 lac thrice.
Secondly for my other policy my premium was due, we got a call from Mr,Rakeash Sharma and Vikas Malhotra...

dear sir
my name is shashi kiran. my policy no.[protected]. i have a policy with maxnew york from the last 4.5 years. i have surrender my policy on 28th august.but they r not delievering my cheque. pls do favour to me...

Dear Sir,

Max New York Life Insurance have witheld an amount of Rs 15162-/ from my total due amt of Rs 60645-/ and remitted the balance amount of Rs 45483-/ .

1.The amount promised at the time of submission of the policy was 60645 it is duly supported by the document issued by Max New York Life Insurance.
2.The policy has been duly submitted after the lock in period of 3 yrs on the promise of return Rs...

I have Max Newyork Life insurence Mutual Fund and i applied for the surrender of my policy. They initially told that it will take around 15 to 20 working days to return my amount. But since one and half months i didnt got my amount. I tried to contact several personnel in that back and none of them gave me response properly. The service is too bad and i dont know what i can do. I ask to give the person number who handle these disposal of...

Hi,

What is the status of request 3703475? I Hold a ULIP policy #[protected] from Max New York life insurance and the harassment starts.

Even after 1.5 month, there has been no update on the status - I ve called up the[protected] to find out that the surrender status is still not updated and no one knows what the issue is.

In spite of repeated requests and reminders, all I get is an absolute...

My MAX new york policy #[protected] was closed on Aug 5th.(today is sept 20th)
i was promised that the total amount would be credited to my ICICI bank account in 15 days.
I have closed the policy since i need the money urgently for personal use.

I have made multiple calls and mails to know the status and no one seems to care much about it @ Max NewYork....

I APURBA KRISHNA CHOWDHURY WAS HOLDING LIFE MAKER PLAN POLICY NO[protected]. I REQUESTED FOR SURRENDER ALL MY UNITS AND WITHDRAW ALL MY MONEY.

AS I DID NOT RECEIVE ANY COMMUN ICATION FROM THE COMPANY REGARDING MY CLAIM AFTER MUCH TIME I MADE MULTIPLE CALLS, I WAS ASKED TO WAIT FOR SOME DAYS AND THEN ON 27 AUGUST I AM TOLD BY CUSTOMER CARE THAT Ch NO 894220, AMOUNT 99262.39/- WAS DISPATCHED TO ME BY REGISTERED POST ON 4 August...

i had purchased lifemaker plus policy from max new york , coverage 5 lac , 3 year locking period, annual premium 25000/- , this company sucks every indian, similarly for my annual premium, the admin charges they are charging 1500 per month, there by leaving 8k as my capital for an year, this high mortality charges/admin charge is never discusssed by the representative. it was hidden and duped me.

since my locking perod ends,...

I have already done payment from net banking as there is no executive for collection of Cheque from Panvel Navi Mumbai they ask me to pay through net banking.
I had done the same on 1st june 2010 in morning. After transfer of amount Rs10000/- i recieve the transection details from Max new york Helpdesk Id in my mail Id. but after waiting till 8th June 2010 my payment is not updated till date. After continous followup from my side...

MAX NEW YORK LIFE INSURANCE has been giving false commitments from month of Oct'09 and regarding the same I had sent them the letter. I was told by your zonal sales Manager Mr.Rohit Sayal in month of nov'09 that my refund of the premium would be made within 1 month but after that when I tried to contact him for the same, he had left the job. Then, I had word with your new Zonal Sales Manager Ms.Sharda on 13th Jan'10 who told...

My Husband (Banhomal Janyani) has applied for policy in Max New York life Insurance company bearing Policy number[protected] which is of Rs. 50,000 one time payment, but when I have inquire about the same in the MNYL office, there is no record showing against the policy. We have paid cash to the agent of Il & FS Invest mart Karwe rd Branch and in policy pack its showing as DD payment (DD cheque number is 241365 from Sate bank of India)....

i am a policy holder in max newyork life insurance and my receipt number is[protected]. my insurance plan is max amsure secure returns builder ULIP-increasing-simplified base risk. for the first time i have paid 20000 on 23-feb-2007 and for the second time i have paid 21000 on 23-feb-2008 and for the third time i have paid 22050. that means my total investment is 63050. i asked the current status of the policy they said that if i surrender...

hi i am having a ulip policy with maxnew york life insurance. i am paying monthly premium of 2000 rs. 3*12*2000 = Rs 74,000/-. you know what is my present fund value rs 55000/-. And telling its a great returns. I am having other company's policys also. They are performing well. Market is same they didn't make well or they are hiding the performance from whom they collect money. Goverment of india should take a look into this and...

I made two policies on 8 july, 2009 on the name of NIKHIL GARG & AKHIL GARG of 50,000-50,000 each through the employee Vaishali Bansal & Pankaj Singh of yes bank. I made contacts to bothe the employees but I haven't got the policy yet. They both ignored me by sating that the policy will reach in 4-5 days. In the end I wrote a letter to the office of Max in Palwal and Gurgaon & Delhi than I got two policy bonds of Nikhil garg...

Finance -Share Complaints,Insurance Complaints.Consumer Complaint About Insurance, Max New York Life Insurance, Jalandhar
Did not pay the claim,Jalandhar
Max New York Life Insurance / Insurance

Finance -Share Complaints / Insurance Complaints
Complaint ID: 262 [protected] Posted by: Saurabh Gupta


Dear Concerned,

It has been real bad experience with this un-professional...

sir,i have insurance policy no.[protected] with the [protected]@4000.48 per month on feb2005.company increase the premium by 1.03% on account of service tax as defined in finance act.1994 from may2009.this information given by company vide 20th oct,2009 letter on inquiring by me.now i want to know that on the date of policy award feb2005 the above act. was in force and company not mentioned in policy document like any type of change in premium.can...

Dear Sir / Madam,

My name is Jeetendra Patil. My Max NewYorl policy number is[protected].
Last year, in Dec 2009, I received email / letter from Max NewYorl to pay Rs.500 towards premium. I paid same, but after 2 months I was told that due to non-payment of premium, policy was in lapse state. Then, I went to Max NewYork branch in Kukatpally in Hyderabad in mid of 2009. I asked them what amount needs to be paid to activate...

Cancellation policy
This is in regards to policy no #[protected] on the name of Yogesh Gugale
This policy was taken in June but i got policy cert on 11th Aug which was a misselling.
I requested for the cancellation of this within the freelook period which was denied due to OUTSIDE FREE LOOK PERIOD. I again given proofs of cancellation for so many days and have given call to customer care many times and everytime a callback...

Dear Sir,
I had two policies with MYNL, I surrendered both my policies in early December 2009, For one policy I have received the Refund cheque but for the other one, still there is no response from MYNL, I have called up the call center 100+ times almost 2 times in the day and I have mailed them 3 times, but still my request has not been answered. I am really shattered by this attitude and I had surrendered this policy since I was...

Respected sir/mam

I am Pushpendra kumar and i am working with max new york life insurance and i applied for pan card in October 09 but i could not get the pan card on time and i have not yet recieved it and my acknowledgement number is [protected] .
therefor i want the help from you people so that i could avail the my PAN Card at
residential address . my address is-
Pushpendra kumar c/o dr. Manish...