BIRLA SUNLIFE Flexi Life Line
Total fraud ULIP product and should be banned
- 03-29-2010
- 121
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