Kotak Mahindra Old Mutual Life Insurance Ltd
Non refund of premium

Ref: Policy No- 01925742 Client ID- 53596485

Dear Sir,

We wish to bring to your kind notice that the company agent has encashed a cheque of RS 10000 from us fraudlently by misrepresenting the facts of the policy sent to us. We are surprised what he told during meeting that was entirely averse in the policy received by us. We feel that the agent has misrepresented the original things of the policy and misguided us and got a cheque of RS10000 from us which we feel he have encashed for getting his commission from the company and nothing to do with the customer. He assured us RS 3.00 lack insurance and double the money after 3 years but in policy the cover is for RS1.00 lack and the money will be repaid after 20years which is all against what is told by the agent. We have already send three letters to your Mumbai office but surprisingly they never bothered to reply even a single letter. This is our last request to your office before going to media against company's modes opreandi to exploit the people by misrepresenting misguiding the people.

We hope that we will be refunded RS 10000 interest @ 24% till date RS50000 towards inconvinence caused to us due to the agent of your company before we should approach to IRDA and Consumer court and to local police station for making fraud with us by the company agent.

Your early reply will be appreciated.

Yours faithfully,

Komal preet kau

Company: Kotak Mahindra Old Mutual Life Insurance Ltd
Country: India
State: Chandigarh
City: Chandigarh

  <     >