I had taken a ULIP Plan from Bajaj Allianz in Oct last year. I had given Rs3000 as an advance premium amount for 3 months (1000/month) till Dec but the certificate that I got only exhibit an amount of Rs1000. Moreover I had agreed to pay my premium amount for rest of the months through ECS. I had also completed all the formalities that were required for the ECS to be materialized but the premium amount has not been deducted from my account from January onwards. I have not received any documents or correspondence from the company since I have taken the policy (except the certificate).
I called up Bajaj Allianz’s customer care and also wrote mails to their help desk but no step has been taken so far to resolve the issue.
Because of all this I couldn’t get the tax benefit for the March. Moreover I will have to pay the accumulated premium of 4 months (Jan – April) also.
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