[Resolved]  Max Life Insurance — gbic insurance fraud

Website:

www.maxlifeinsurance.com

Hi,
I started receiving calls yesterday about my policy with max life insurance. The first caller who identified himself as rajeev shukla (Mobile number:[protected] asked me if i nominated my agent to receive the bonus for my insurance policy - i said i wasn't aware of this. He mentioned that i have nominated my agent through the signatures i made on various forms at the time of taking the policy. He said that there is an option to remove the agent code and take the bonus in your account. If i agreed, then someone from government body of insurance, a regulatory authority would call me back and guide me through the process.

Very promptly, i got a call from another number (Mobile number:[protected], who said he is calling from gbi. Fyi - the name displayed on true caller was max life insurance. Similar to the other experiences that people have shared, he asked me to take another return fund policy from bharati axa life insurance or future genarali insurance as these are two top companies that have been approved by rbi. He mentioned that i need to give a cheque amounting to approximately 30, 000 rupees which will be returned after one year with 12% interest. Apart from this, i will the agent bonus accumulated, which was about 71, 000 rupees.

I had a doubt right from the beginning since both the callers struggled to converse in english and were very soon going back to speaking in hindi. They seemed to be getting irritated at small delays in understanding the process. I decided to research online before proceeding further and found many other folks have posted similar experiences.

Surprising the same mobile numbers are still being used to scam people and i fail to understand how the authorities cannot apprehend these guys.