Unicon
Misinformation against Life Insurance product

I want to lodge complaint against Unicon - Delhi office. 1 month before Ms Varsha of Unicon telecon me (several times) regarding Reliance smart invest assure plan and given the information regarding the product. Upon my enquiry related to Premium allocation charges and all other charges, she told me (assured me) that only 1000 Rupees will be deducted and rest will be invested in purchasing of units from my first premium and 500 rupees will be deducted from 2nd years onwards. Also she told me that I will be getting 3000 Rupees from Reliance life whenever I pay Premium. Also she told me that My first premium will be get doubled (Guaranteed) and I can withdraw it after 5 yrs without any charge.

When I had confirmed all these things again and again on phone, she told me that she can' t cheat me as all this conversation will be recorded. And when her office person Dilip came for collecting cheque and other document, again in front of him also I had confirmed the charges to be deducted and same as above was confirmed by her.

But to my surprise, when on 09.08.09 I got my policy document on my hand I had found that every thing she promised me was false and i found myself cheated. Iam going to cancel my policy with immediate effect, but I want action to be taken again such fraud company Unicon and there person so that they don't cheat other person and to stop such bad business practice.

Company: Unicon
Country: India

  <     >