Sir,
I joined in Bajaj allianz Unitgain plus gold on 22.11.2007 and remitted an amount of Rs.15000/.I was told that it is a one time policy and it is a locking period for three years. In the meantime the representative got my signature in some of the papers which could not read and understand since very small letters with lot of pages. Hence, I beleived that as he said in oral will be real. But as soon as received the policy, I was really shocked that the policy period will be for ten years and the unit account value Rs.11286.68 against my remitted amount of Rs.15000/.However after three years I have received a cheque amounting Rs1657.00/ Dated:13.12.2010.for the full settlement stating that for non payment of regular premium amount. I intend to send this cheque back after getting your advise.
Allegation against this company.
Point No.1.I was not fully explained about this policy rather he got my signature.2.Puposefully they deal with me with out explaining any thing about policy and with an intention of cheating. Hence I request you to kindly take up this subject in appropriate forum to get justice for me and please guide further to proceed.
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