Inconsumercomplaints.com » Business & Finance » Review / complaint: HDFC standardlife - Lapsed policy | News #257112

HDFC standardlife
Lapsed policy

Policy No:10769738 of Unit linked young star plus in the name of V.Sekaran in HDFC standard life insurance. Commencement on 13.11.06 till 13.02.09 (10 premiums-quarterly mode) paid. During april 09 HDFC informed your NAV less my amount will be 3= as aganist 50000/= paid. Due to that I have not paid. HDFC told me that min 3 years premium should paid. I approached during Dec 09 informed another 15000/= to revive policy. Finally on April 10 they told pay 20000/=, I have given cheque dated 5.5.10 of 20000/=. Due to lapse in HDFC official they are presented my cheque on 5.5.10 they have returned my cheque on 18.05.10 and told 25000/= should pay then only policy will be live.(sent by corieer DOL 13530124)

My NAV value also less. I want surrender m y policy and get back my paid premium amount 50000/=.

Please help me in this regard.

V.Sekaran


Company: HDFC standardlife

Country: India   State: Tamil Nadu

Category: Business & Finance

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