[Resolved]  Max Life Insurance — refund of cancelled policy not received

Address:Gandhinagar, Gujarat, 382424

My application no. Is[protected]. I have cancelled a term policy due to improper response of max team on 22 aug 2017. Then i received a mail to provide bank details and a cancelled cheque in which i want refund. A neft form also send by them. I sent all these on 30 aug 2017. When i took follow up their representative told me it will take 10 to 12 days for refund. I waited for 14 days. Yesterday i called customer care, but a lady representative was fooling me, then i got call from delhi. A male representative told me that company will give me refund in this credit card cycle only. I asked him what about that neft form and details sent by me. He has no satisfactory answer. A second call i received by same person after some time, now he surprised me. He said max will refund my money in next month. It means i have to wait 1 more month. It's a fraud company. I m harrased very much and going to file a fir against max life insurance company.
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Oct 30, 2017
Complaint marked as Resolved 
Max Life Insurance customer support has been notified about the posted complaint.
Verified Support
Sep 15, 2017
Max Life Insurance Customer Care's response
Dear Himanshu, We apologize for the inconvenience you have faced. Our customer representative has spoken to you and informed you that the refund has been initiated in credit card on 14 Sep, 2017 which will reflect in your card's next billing cycle. Kindly do not share your policy details on the timeline to maintain security of your policy related information.

Regards,
Max Life Insurance.
Verified Support
Sep 25, 2017
Max Life Insurance Customer Care's response
Dear Himanshu, Our customer has mailed you to inform that policy number[protected] has been cancelled and the cancellation refund amount of INR.10, 177.50/- has been initiated to your credit card on Sep 14, 2017.Regards, Max Life Insurance
Complaint comments 

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I have purchased policie from Maxlife in Dec-2012 and paid first year premium and not able to pay next premium. I want clarify whether I can close the policy and take the amount back?

Policie no,[protected]

Policie no,[protected].

Abhishek Sharma
Ambala cantt.

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