Inconsumercomplaints.com » Business & Finance » Review / complaint: India Insurance Consultancy - Fraud/Cheating with Customers | News #322048

India Insurance Consultancy
Fraud/Cheating with Customers

I purchased policy from India Insurance Consultancy who is a Corporate Agent for Bajaj Allianz ULIP Policy. Company launched its own scheme with Bajaj Allianz. Buy a policy of Rs. 1- (Minimum) and IIC (India Insurance Consulatancy) will give you 98280/- at the end of 12 months. I was explained the chart of Growth which company was to give every month. The chart was as below

1st Month : 24

2nd Month : 48

3rd Month : 96

4th Month : 192

5th Month : 384

6th Month : 768

7th Month : 1536

8th Month : 3072

9th Month : 6144

10th Month : 12288

11th Month : 24576

12th Month : 49152

Total sum of all:98280

ESPECIALLY company told me to give this amount without making any agent or policy but then company didn't give any rupee, instead they were giving letters to my address that you have not done work for the company, your growth will for the various months are 0.80ps, 1re and etc. Instead of 98280, Company gave Rs.9/-. I was told that as per ULIP policy, company will pay your next 2 premium and will cut the amount from 98280/-. So now my policy is lapsed and i have lost Rs.1-. He has made fool many people by this. The company is basically of Himatnagar, Gujarat and He took office on rent at Navrangpura, Ahmedabad. The address of the company is as below

INDIA INSURANCE CONSULTANCY

Shivam Complex,

3rd Floor,

Nr. Bus Stand,

Himatnagar,

Dist. S.K. (Sabarkantha)

Gujarat-383001

Company Owner Name is: Vijay (Surname is not known and he is former Principal of some school at Himatnagar, Gujarat)

Beware of this company.


Company: India Insurance Consultancy

Country: India   State: Gujarat   City: Sabarkantha

Category: Business & Finance

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