[Resolved] Max Life Insurance — Biased policy structure | |||
Hello all, I have opted for max life premium return plan. Premium/year = 15125 including tax Premium paying term: 11 years Policy term : 20 years Policy states insurer has to pay for 11 years (Amount = 163845 inr) and max life shall return the same amount after 20 years (Amount = 163845 inr). If insurer wants to cancel the policy - he is not even going to get a penny. On conversation with customer care executive asked him benefits of policy, his suggestion is to get profited by death, which insurer gets sum of rs 1500000. Policy itself is baseless and biased towards max life firm. Was this information helpful? | |||
Feb 10, 2017 Complaint marked as Resolved Max Life Insurance customer support has been notified about the posted complaint. Verified Support Jan 09, 2017 Max Life Insurance Customer Care's response Dear naturenithy, we apologize for the inconvenience you have faced. Our customer representative has spoken to your wife on 994****986. As discussed during the telecon, we will call you back after 6 pm today. Incase you need any further information kindly write to us at [protected]@maxlifeinsurance.com and mention Ticket No 17787965 in all future communication on the subject. Regards, Max Life Insurance. | |||
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+91 11 2693 3610
Max House, 1 Dr. Jha Marg, Okhla, New Delhi, Delhi, India - 110020
we are unable to track AWB No I[protected], Its Important PAcket send on 29 Dec 16 from MAx Life insurance Office Ludhiana to Our Gurgaon Address. but it's not delivered till date. so u r requested plz help to delivered it ASAP ( before 08-Jan-16 03:00PM).