[Resolved]  Reliance Life Insurance — unethical business practices adopted by company

Address:

110096

Have a serious complaint against the reliance life insurance company engaged in unethical business practices. Reliance life insurance company has appointed fraud insurance agents in various branches of their outlets, from where their insurance agents gives false and misleading information about reliance life insurance products. They trap people by luring them to take reliance life insurance policy to a bigger amount in the motto of earning high incentives and when people get aware of that they are being cheated and ask refund of their policy premium, reliance life insurance company executives make fool to people since their 15 days period is over leaped now they have to continue paying the premium. Similar case is with me i have already paid a premium of rs.50, 000/= (Rupees fifty thousand) to this company and for last three years i have been in continues followup with this company to return my policy dues as i have been given false, misleading information about their reliance insurance products.

But they deliberately ignoring my emails and giving one excuse that since my 15 days time is over, i need to continue paying the policy premium. I have learned from many other people as well that reliance life insurance is engaged in such unethical practices for long has no mercy it only see how it can generate more and more revenue by looting public.

Being india's no.1 news channel i request your goodself to help me in getting my policy refund of rs.50, 000/= returned back from reliance life insurance company at the very earliest.