[Resolved] Tata AIA Life — policy amount not paid out even after maturity

Shashiraj P Shetty

from Bengaluru, Karnataka

Address:	400607
Website:	www.tataaia.com

I had bought a pension plan policy from Tata AIA on 26th August 2008. The policy matured on 26th August 2018. Instead of paying me my dues, Tata AIA is forcing me to buy another pension from the open market of 67% of the due amount. It is saying it has discontinued its pension policy and hence I will not be able to continue with the pension plan with Tata AIA.

Why is Tata AIA not giving me my full amount and instead forcing me to buy another pension plan from another company? This is highly unethical.

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Dec 28, 2020

Complaint marked as Resolved

Resolved.

Tata AIA Life customer support has been notified about the posted complaint.

Sep 13, 2018

Updated by Shashiraj P Shetty I have uploaded the policy details in an image since the portal does not uploading of PDF files.

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Comments

shashi_sp

from Bengaluru, Karnataka

Sorry, but they have not been able to resolve the matter till now. Its been over a month now that the policy has matured. I would like to take the matter to court please.