[Resolved]  Max Life Insurance — max insurance policy auto debit from bank accounts even after opting out

Address:Pungajutta, Hyderabad, Telangana, 500050

I had signed & sent many forms since 10 years to max insurance to ensure that no auto debit happens towards any of my max life insurance policies. However those # had done an auto debit from my bank account even though their agent syed ali promised me that auto debit will never happen for the policies, and thereby was charged hefty bank charges for insufficient funds,

Due to inefficient team of max why should i be held responsible for these charges from my bank. These bunch of # had screwed up my cbil score too due to your inefficiency now. They had messed up my other ulip policies too that i had since 10 years, with your inefficient fund management & paid 2.5 lakh rupees on a policy which gave me returns of just 1 lakh now & these # state that the fund mamager charges are heavy on that policy there by it has grown negative. When they didnot manage the fund why should they charge 1.5 lakh fund charges.
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Dec 8, 2019
Complaint marked as Resolved 
Max Life Insurance customer support has been notified about the posted complaint.
Verified Support
Nov 05, 2019
Max Life Insurance Customer Care's response
Dear Vijay,
We are very sorry about the inconvenience caused to you, and will help with its resolution. Thank you for sharing your policy number. Our customer service team will reach out to you shortly to help understand the issue in detail and resolve it.
Regards,
Team Max Life Insurance
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