Inconsumercomplaints.com » Business & Finance » Review / complaint: Bajaj Allianz Life Insurance Company - AGENCY CODE DEACTIVATED-AND RENEWAL COMMISION 1 LACS WILL NOT GIVE ME | News #112877

Bajaj Allianz Life Insurance Company
AGENCY CODE DEACTIVATED-AND RENEWAL COMMISION 1 LACS WILL NOT GIVE ME

Date: 7th November

Iam K.Sundaresan & my I.C.CODE NO; 1000126037 (98421 71043). Iam doing business since 2005 with BAJAJ ALLIANZ LIFE INSURANCE CO.LTD.During this period I have collected more than 7 lacs regular premium unit gain policy.

Because of my performance and my MBA qualfication I was offered the position of Sr. Sales. Manager (EMP.CODE.84629) for T.Nagar branch, Chennai, Tamilnadu in june. During February I have applied for medical leave as suggested by my doctor because of low back pain and I have been advised not to travel in Two-wheeler. From the period 2006 to 2009 I have done the business to the tune of more than Rs 1 crore regular premium. In the mean time my branch manager Mr. Vanamamalai has rejected my leave and terminated me from the employment service with immediate effect. During my employment service, the company had also recovered my IC Commisions from my salary.

I kindly request you to do a minimum favour of activating my IC.CODE NO. -1000126037 and releasing all the renewal commission amount due to me at the earliest. Since because of non payment iam unable to work. My IC CODE AND I.R.D.A.LICENSE was renewed on 25.3.2009 and its valid upto 24.3.2012.

What bajaj was did to me. Once the agent crossed 6 lacs regular premium they will not give proper support and help.and try to offer a sales manager post as a free of cost and then they terminating within a year itself. Whey they did all you know for an a RENEWAL COMMISSION.They terminated older ic code and then they taken us a commission. In the Last financial year they took more than 300 crores from agents renewal commission itself.

This was happend many agents. Then customers money??? Think all.

Hello bajaj allianz i want back my ic renewal commission do u understand-If you need more money means do someother cheating activity. Dont play with agnts and customers. I was inform this matter to bajaj allianz honorable leader CEO kamesh also.but he did make silence.


Company: Bajaj Allianz Life Insurance Company

Country: India   State: Tamil Nadu

Category: Business & Finance

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