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Fraud on sale of policy by Aegon Religare Life insurance Pradeep-Kumar | Insurance | 1 Reply


Fraud in sale of Policy


AEGON Religare Life Insurance sold me Life Insurance policies No. 120613552445 and 120613541188. While selling the policies AEGON Religare Life Insurance mentioned that only one time premium will have to be paid. Also, as per their letter dated Sep 1, 2012 they confirmed the same.Now, they are demanding premium for 12 years which is not possible for me to bear. I want to cancel the policy and refund of the total premium paid. They have refused to cancel the policy on the ground that the lock-in period of 15 days is over. I have been chasing them since June when the policies were sold but to no avail. Guilty of rendering deficient service leading to harassment of a senior citizen. Please do the needful at your earliest

Thanks & Regards.

Pradeep Kumar 736,

Pocket-5 MayurVihar Phase 1 Delh i- 110091


By IndianMoney Experts - 2013-May-22
Dear Pradeep, Kindly contact Aegon Religare Life Insurance Company at 1800-209-9090 to resolve your complaint.Read all the information properly before buying a insurance policy.Buy only those policies that you can afford.All that glitters is not gold.Always ask for lock in period.For any help,visit as it is India\'s only free on call money adviser.
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