[Resolved]  Max Life Insurance — Fraud carried out on my father's policy

Address:Ghaziabad, Uttar Pradesh, 201002
Website:www.facebook.com/maxnewyorkinsurancefraudcompany

I have a policy with max new york life insurance which was taken in May 2009 and the policy number is[protected]. This is basically my father's policy name as Mr Sushil Kumar Sharma. The Agent Mrs Kajal Rathi, Agent code: 251587 told him to pay his premium for at least 3 years after that you can continue this policy otherwise you can withdraw the amount. The company will pay your deposit amount with some advantage, So continuously My father had paid 3 years premium of 80, 000 i.E 20, 000 per annum for 3 years + 20, 000 Policy Amount. Now in Feb 2017 when I consult with their Ghaziabad branch, they told me you have to continue this policy till 75 year of age, then I decide to close my policy and request to return my amount, The manager told me the company will return only 50, 200 Rs. After hearing their words, I was shocked, the company is using my deposit amount from last 6 to 7 years, then what about the interest amount?

Basically, we don't know about the company & company owner, as per the customer perception, your agent is one, who represents the company, for the customer he/she is the company or owner, so they must give proper information without focusing their target, and company must appoint the Genuine agent and guide them to focus on customer satisfaction, not on the sale.

Company agent ditched my father by giving wrong information, company and Mrs Kajal Rathi is responsible for creating this scenario.

Conclusion/Suggestion:

The company should pay my actual amount (80, 000) which i have paid + Interest Amount. And take suitable action against the Agent Mrs. Kajal Rathi.

Can call me at : [protected]
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Mar 18, 2017
Complaint marked as Resolved 
The company should pay my actual amount (80, 000) which i have paid + Interest Amount. And take suitable action against the Agent Mrs. Kajal Rathi.
Max Life Insurance customer support has been notified about the posted complaint.
Verified Support
Mar 22, 2017
Max Life Insurance Customer Care's response
Dear Sushil, We are getting your concern investigated and will share the resolution shortly through email. Please mail us on [protected]@maxlifeinsurance.com for any further details. Regards, Max Life Insurance.
Mar 24, 2017
Updated by 1712a70
I have sent your all details on your email ID, even i have sent my complaint from your office, but still i am waiting for the solution. Do the suitable action against this, otherwise i will get the suitable action using facebook, linked in and twitter.
Verified Support
Mar 29, 2017
Max Life Insurance Customer Care's response
Dear Sushil, Our customer representative is investihgating your grievance and will share the resolution regarding this in some time. Please allow us some more time for the same. Please mail us on [protected]@maxlifeinsurance.com for any further details and mention Ticket No. 18000640 in subject line of your mail. Regards, Max Life Insurance.
Mar 31, 2017
Updated by 1712a70
Dear Max Life Insurance Customer Care,

I have made the complaint in your Ghaziabad branch on 22 Feb 2017 and today is 30 March 2017 (Approx more than 1 month). and post my complaint in this portal on 17 March.

Sir how much time your team will take, for investigating my grievance. Even I does not get any call from your end.

I think you are showing that you are working on the complaints in this portal, but actually, you are not doing any think.

At least you should make a call on given number.

Information Details:

Name: Sushil Kumar Sharma
Can call me at : [protected]
Alternate No: [protected]
Email ID: 1712.[protected]@gmail.com
Apr 25, 2017
Updated by 1712a70
Hi,

From 17 March 2017, i am waiting that max will provide me the solution but even they don't make a single call on my number.

It's my request to Consumer Complaints team. please help me.

Thanks

Name: Sushil Kumar Sharma
Can call me at : [protected]
Alternate No: [protected]
Email ID: 1712.[protected]@gmail.com

Jun 03, 2017
Updated by 1712a70
https://www.facebook.com/maxnewyorkinsurancefraudcompany
Complaint comments 

Comments

Hi Even my case is same like yours.

My Policy No is[protected]. I had paid Rs 1.03 lakh premium for the first year. Due to some unforeseen circumstances I was not able to continue with the policy and could not pay the premium.

I have expressed my inability to pay the premium on many occasions with their representatives on telephone and asked for a refund.

Now they state that they are unable to refund any amount as the policy is in lapsed mode.

Accepting deposits from public and not refunding the hard earned money to the depositor is a crime.

If such is the ordeal of a customer who is alive has to pass through, I seriously doubt whether the money will reach the nominee / beneficiary of the deceased policy holder.

Santhosh Kumar

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