Inconsumercomplaints.com » Business & Finance » Review / complaint: KOTAK LIFE INSURANCE CO. LTD - NON FREE LOOK OF POLICY NO. 01963624 | News #364401

KOTAK LIFE INSURANCE CO. LTD
NON FREE LOOK OF POLICY NO. 01963624

Respected sir,

Myself Jai singh from village abusar, jhunjhunu district is an agriculturist now and a retired

army person. I have invested Rs. 24000/- in an insurance plan of kotak life insurance

company named Super advantage plan. The policy was issued on 12 april & policy

number is 01963624.I received this policy bond on 28th April and when I read about

conditions and various charges of this policy I decided to freelook this policy bond. I sent

back that policy bond to the kotak life head office mumbai with my written request to free

look this policy as soon as possible on 28 april through speed post.

But after some days when I call to the customer care of kotak life insurance they told me

that my request has been rejected bcz i request to freelook this policy due to economic

reasons and now the freelook period is over so we are unable to follow your request. I got

shocked as they did'n't intimateme during the freelook period that my free look request is

rejected. If they gave me the information on time I will sent them the request again on time.

Now I am helpless and the freelook of this policy is still pending and the bond is also not

sent to me till date by the company. I want to freelook this policy right now as the premium

paying term is more than my premium paying capacity and this plan is not suitable to my

requitements and this is impossible for me to surrender this policy in the very 1 st year.

Please do the needful to this matter.

Thanks & Regards

Jai singh S/o Bhinwa Ram

Village - Abusar

Distt.- Jhunjhunu.

Mob.- 09314559468


Company: KOTAK LIFE INSURANCE CO. LTD

Country: India   State: Rajasthan   City: Jhunjhunu

Category: Business & Finance

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