ICICI PRULIFE ELITE PENSION
MISSSELLING

POLICY NO.: 13184029

As per your telephone call informing me that I will get ONLY the sum of 9 lakhs paid for this policy and no further damages incurred on this account.

I had a discussion here in my office with your Mr Arindam Bhhaumik and Pritam Choudhury who had come to discuss this issue withme after your initial mails in reply to my mail and our telephonic conversations.

I wish to write that I need to get adequately copmpensated for all the losses incurred by me as the sum was lying with you for almost one whole year.

Had the initial promises given at the time of getting the policies the value today would have been much more as the fund value would have been much higher.

The fund's NAV was Rs.12.69 (31.12.2009) and now it is Rs.14.68. (almost 16% higher)

More than 10.5% I am expecting as compensation.

As it is I have incurred monetory losses beside mental tension due to all flase promises madfe by your executives named in my initial correspondences.

I must get the sum of 9 lakhs paid as premium and Interest @ 10.5% for the period the fund with blocked at your end.

Please note I have already handed over the Papers and Original Policy Document to Mr Pritam Choudhury for onward submission for cancellation etc. and refund.

I also wish to write that I will also like to have same treatment for the other policy 13154512 favouring ANUNAYA KHAITAN as well. I do not wish to continue this policy as well.

You should also arrange to refund the basic sum (6 lakhs) with accrued interest for this policy as well.

Please note I will immidiately hand over the original policy of Mr ANUNAYA KHAITAN as well to your designated representative on hearing from you.

PLease do not delay this any further and arrange for expeditious refunds to me under advise to me for both these policies.

I do not want to continue with ICICIPRU on these policies due to the mistrust and misleading selling activity on part of your executives. I have been duped by ICICIPRU on these policies.

All INSURANCE POLICIES are based on TRUST and I have lost the TRUST in ICICIPRU.

For the other policies which the family has with you, God help me.

Hope to hear soon positively for my next action.

Company: ICICI PRULIFE ELITE PENSION
Country: India

  <     >