[Resolved]  Max Life Insurance — max life won't pay me a single penny...

Big time cheater maxlife insurance. I had 3 policies, one i had continued for 4 yrs and other two a few months less than 3 yrs. My financial situation didn't allow me to continue because these policies are pushed to me by the bank officer who used to visit my office campus. The one i had continued for 4 yrs i got 20k deducted from the amount i invested. The two i was few months short of 3yrs, i was told that i will not get any money. It's my hard earned money and # you tricked me.

It's funny that i called up irda. And they say if it is that way in the policy you will not get anything. Irda should stop and should protect people's money. Maxlife and axis bank together, just eating up money with no effort. On contrary, i went back to my ppf after 7yrs of nonpayment, and in few hrs, it got regularized and i paid 100 fine per year and i got back all my money, more than i can expect. It's a shame that irda not able to do anything for people like me.

I am going put this on every damn page, every social media. Maxlife got to be banned.
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Jan 12, 2018
Complaint marked as Resolved 
Max Life Insurance customer support has been notified about the posted complaint.
Verified Support
Dec 12, 2017
Max Life Insurance Customer Care's response
Dear bankfraud, We have noted your concern. Our customer representative tried connecting you with you over your registered number but could not connect with you however the call was not attended. Kindly suggest a good time to connect with you.

Regards,
Max Life Insurance.
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