Birlasun life insurance
False rebate scheme

False rebate promised by its officials

In feb I had evinced an interest in Birla Sunlife’s vision plan and accordingly tried to contact Birla Sunlife branches in Elphinstone branch at India bulls tower. Soon I had a call from Mr. Vishal Gaikwad his officecontactno is 02264509572, 2265992823, 2264550058 who introduced himself as Agency Manager in Birla Sunlife Insurance (Scanned copy of his visiting card enclosed) and promised to arrange a rebate of 100% on the first year premium. As the rebate was attractive, I readily agreed and applied for the plan. The nature of payment can be verified from the first premium paid alongside the application – Rs.20, 000/- paid by cheque and 15000 by cash.the rebate told by him was 65000 by the aforesaid Mr. Vishal Gaikwad himself. I was told that the next rebate on premiums would be deposited directly to my State bank account. Later I had received Birla Sunlife’s policy no004661564 with client ID 2103720213. Since then I had paid all the premiums due but no rebate had been passed on to me as yet as per the promise and this Mr. Vishal Gaikwad the Agency Manager of Birla Sunlife had become incommunicado.

I had made several written and electronic complaints to Birla Sunlife Insurance requesting to cancel the policy made by wrong enticement and refund the premiums or at least the the NAV of the units outstanding to my credit and not to further process my policy payments. But Birla Sunlife is yet to address these grievances of mine. Please look into the matter and ensure that the aforesaid policy is cancelled and get the premiums alongwith interest or I should be passed on the rebate as promised from the commission of the concerned insurance agent or that Vishal Gaikwad.(9619508333)

Company: Birlasun life insurance
Country: India
State: Maharashtra
City: Mumbai City

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