Birla Sun Life Insurance Co Ltd
Short payment in maturity amount
- 01-05-2012
- 263
In October I had taken a single premium policy (No.000003164) for Rs 100, 000 with a single premium of Rs 100, 000 paid on application, The policy was under Flexi Cash Flow which as per the terms of the policy document had assured minimum policy value of Rs 147, 629.26 under Protector option, or 3% return annualised. However, on maturity in October I got only Rs. 74, 055.38. I have been writing to the company but have failed to get a convincing reason for the vastly reduced maturity amount
Company: Birla Sun Life Insurance Co Ltd
Country: India
State: Maharashtra
City: Mumbai City