Life insurance
Surrende
- 10-28-2010
- 172
Sir,
Same thing happen to me too. One of the agent of Free Concept India came to us with a chart of investment and return. I was told to invest Rs.10000/- per year for three years and after three years I may withdraw my money and according to the chart it was minimum Rs. 40, 000 and maximum Rs. 75000.
After paying my first installment I received policy letter in which it was mentioned 20 year term and each year I have to pay Rs. 10, 000/-
When 3 years completed and I want back my money they say my fund value is only Rs. 25366.08 as on 22.10.2010.
When someone do such thing on behalf of your company, the companies name is spoiled and people do not have faith. It is a fraud.
My policy no. is 0059260243 dated 3.8.2007
My name is Parmar Joseph Piusbhai
josephpius88@yahoo.com
Company: Life insurance
Country: India
State: Gujarat
City: Vadodara