Dear Sir,
I am a senior professor of Allahabad University and President of Allahabad University Teachers Association. I took a Money Plus policy No.312904936 on 23rd Feb 07 for my wife from your CBO 1 office civil lines Allahabad. I was paying yearly premium of Rs.6250/-. After depositing 3 full years premium more than 18000/- I came to know that I have only 539 units balance in my policy account. It was because of 7, 55, 000 sum assured, but according to policy terms sum assured can be given only 5 times to 20 times of yearly premium. I had applied only 5 times sum assured. Nominee name is also incorrect. Several times I visited your office to solve the problem, but nobody is ready to take pain.
I request you to correct the fault and credit units in my policy accounts, otherwise I would be bound to go to consumer court.
Thanks.
Professor Yogeshwar Tiwari
(President Allahabad Universitty Teachers Association)
Department of Med. and Mod. History
University of Allahabad
Mobile No. 9415369279
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