Bajaj Allianz / ULIP
Lack of transperancy
- 10-28-2010
- 222
I am holding 2 policies with Bajaj Allianz, below are the details -
1. Bajaj Allianz Capital Unit Gain), Issued on 14/09
2. Bajaj Allianz Capital Unit Gain), Issued on 20/02
I paid premium of INR 30, 000 for 1 policy since inception, Yesterday when i went to check the value of the policy ..I was told that i will get only INR 10, 000...
I fail to understand that, despite the fact that Indian stock markets have given phoenomenal returns in last 1-1.5 yrs, How has the value of my policy declined...
I want a clear cut explaination about this from the company...
I must tell everyone, It is one of the worst Insurance companies, and dont buy any ULIP products from this company...
Company: Bajaj Allianz / ULIP
Country: India
State: Madhya Pradesh
City: Gwalior