Inconsumercomplaints.com » Business & Finance » Review / complaint: BIRLA SUNLIFE Flexi Life Line - Total fraud ULIP product and should be banned | News #132940

BIRLA SUNLIFE Flexi Life Line
Total fraud ULIP product and should be banned

As all we know ULIP is flop in india and companies are faking fool to customers.

But all of you know biggest fraud ULIP product is provided by BIRLA sunlife and i am guarnting

that no company in india can beat BIRLA. BIRLA is king of of product of losses and making fool

of customers.

Policy details:

1st year 2nd year 3rd year onwards

Admin Charges 61% 7% 7%

Cost of insurance 14% 43% 14%

In above see admin charges is more than 60 % and in second year they increase cost of insurance to

43 % and they will continue to take more than 20 % throughout the policy.

No company is able to give more than 15 % profit to its customer and they are taking more than 20 %

from it's customer every year.

I have losed more than 1 lac and i have to withdraw from this and have to bear this loss othervise 20 % amount of my primium will be in loss.

Never take this ulip plan. BIRLA are pirates of market.


Company: BIRLA SUNLIFE Flexi Life Line

Country: India   State: Uttar Pradesh   City: Gautam Buddha Nagar

Category: Business & Finance

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