Bajaj Allianz
Cheating by company sales officer & agent

Dear Sir,

I have taken bajajallianz capital unit gain policy in year 2007 & My policy no is 3966475.

I have opted for maximum exposure to share market option. The return till date is less than 4%, which is very very low. When I expressed an interest for withdrawal, company informed me that they will deduct around 54% of my premium amt as a surrender charge (which is very big amt in comparison to the return from this policy).

This really surprise me as while taking the policy Bajaj Allianz agent & sales officer told me that there is no surrender charges on policy after completion of three years of policy. Also, when i asked them to give me a copy of policy before taking a policy so that i can read/understand all the term & condition & then think to invest, they told me that they can;t give me policy document before purchasing the policy. I trusted their words & taken the policy.

Now, I feel that I have been cheated by company sales officer & agent. I have submitted a complain on company website regarding the cheating by Bajaj Allianz sales officer & Agent & requested them to waive of the surrender charges (my complain no is 10376750). In reply they inform me that agent has been terminated & they can;t waive the surrender charges.

They didn’t utter anything abt the false information given by company sales officer & they feel that Bajaj Allianz is not responsible for such kind of cheating by Bajaj Allianz’s sales officer & agent.

Request you to do the needful.

Looking for a solution and waiving off the surrender charges (which were never told at the time of selling the policy).

Regards

Mehul Gandhi

9969255412

Company: Bajaj Allianz
Country: India
State: Maharashtra
City: Thane

  <     >