Life maker unit linked investment plan
Policy surrendered but still refund not recd

Business & Finance

I had an insurance policy no.426828877 of Max new life insurance co. which I had surrendered on 06.02.10 at Netaji Subhash place branch, Delhi. Before submitting all the documents I was clearly told by the staff that I don't need to pay the premium due and I'll recd. the refund in next 15 days. Now after over 1 month when I didn't recd. the refund I called to customer care and they told me that it cannot be surrendered without depositing the premium due.

I can't believe that how they can keep such an untrained staff who even don't know about their products and misguide their customers.

I don't know how i'll be able to get my refund and how much time it will take now.

But One thing I would suggest to everyone to not buy any product of this co. as they are very unprofessional.


Company: Life maker unit linked investment plan
Country: India
  <     >  

RELATED COMPLAINTS

Denis Bullshit
Denis rascal

Kotak life Insurance
Non payment of promissed amount

Future Genralli Insurance
Cheat/ Fraud by wrong commitments to sell apolicy

Birla Sunlife Saral Jeevan Policy
MisLeading

MetLife
Unfair buisiness Practice and not complying the terms and conditions for surrender benefit

Denis rascal
Denis rascal