KOTAK LIFE INSURACE
I LOST 9.000 IN KOTAK LIFE INSURANCE
- 03-18-2011
- 325
Dears
I have invested my hard earned money 3 years premium of Rs 20, 000 each year total Rs. 60.000 in Kotak Life Insurance by false promises of the agent minimum 20% returns and maximum 47%.
When I went to check the current accrued amount in Kotak Life Insurance office my hard earned Rs.60, 000 became Rs. 51, 000. The agents are cheat they give false promises to get you in the KOTAK net and the agents are paid 20% as commission for every premium paid.
In my case my agent got Rs. 12.000 as commission where I lost Rs. 9.000 over a period of 3 years by investing Rs. 60, 000.
Still, they promise the market will improve and I would be compensated. I am sorry. I don’t want Kotak to run the business with my hard earned money. Lost is lost.
Please refrain from investing in Private Insurance including Kotak, all are cheaters and you will loose your money
Company: KOTAK LIFE INSURACE
Country: India
State: Maharashtra
City: Thane