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Cheating done by Bajaj allianze life insurance Prajith | Insurance | 1 Reply


Bajaj alianze life insurance cheating Dear sir, My self Prajith T R.MY BADLUCK I had taken a bajaj Allianze life insurance policy through citibank .I wanted to surrender the policy (Policy no:0246466390) because of some financial problems and I had sent all the documents to their chennai office on 15th May 2013 .As per their call center executive,I should be getting the refund within 15 working days.But now it is over morethan 30 working days(Total48 days) and I had not get any acknowledgement or intimation from them.After a lot of my phone call they intemated with me(On 03-05-2013) with a info that my signature was missing in my application letter and they said they will refund me only 60% of the total premium ,that means I invested Rs.25500 and I will get only Rs.15300 so not only I will get interest for these period for which I invested trusting them but also they are grab 40% total amount of my money.They have taken my may month premium also(Rs.1500) which has happend only due to their irresponsibility in informing me earlier on pending reason(I had to wait 48 days). Kindly advice me to get all my money back. Regards Prajith Bangalore

By IndianMoney Experts - 2013-May-22
Dear Prajith , Kindly contact customer care of Bajaj allianze life insurance company at 18002337272 to register your complaint.Always understand your insurance needs.Buy only those policies ,that you can afford.Don\'t treat insurance as investment.Understand the type of coverage provided by the insurance company.Look before you leap.For any help , visit as it India\'s only free on call money adviser.
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