HDFC standard life insurance
MISREPRESENTATION IN POLICY NO 11162050

I HAVE TAKEN POLICY NO 11162050 IN THE M/O JULY 08 WITH INTIAL PREMIUM OF RS 50000/- WITH A CALCULATION THAT 1- P.A. CAN BE PAID IN II AND III YEAR PREMIUM WITH SAME MONEY INSURED . NO BODY TOLD THAT I MUST BE A WRITTEN REQUEST IN ADVANCE OF 15 DAYS FROM DUE DATE AND ALSO NOTE THAT NO BODY IS BOUDER TO REMIND ME THROUGH CELL OR LETTER FOR THIS COMPLICATION . NOW I AM NOT IN A POSITION TO PAY 50000/- PREMIUM AND ALSO REQUEST YOU FOR FIX THE RESPOSIBILITY OF EXECUTIVE WHO HAS DONE THIS POLICY IN HIS OWN INTEREST ONLY .I AM ALSO LODGED COMPLAINT VIDE LETTER DT 26.12.08 VIDE COMPLAINT NO 01000000047256 BUT SAME REPLY HAS BEEN RECEIVED VIDE LETTER DT 31.012.08 THAT AT THIS MOMENT IT CAN NOT REDUCED PREMIUM AMOUNT YOU MUST PAY 50000/- ON OR BEFORE 7.1.09 OTHERWISE POLICY HAS BEEN LAPSED NOW WHAT REMEDY I HAVE FOR THIS LIKLY CHEATING DONE BY ONE EXECUTIVE AND HE IS EXPOILING GOODWILL OF HDFC WHATEVER EARN IN 15 YEAR OF BUSINESS

Company: HDFC standard life insurance
Country: India

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