ICICI Prudential Kids policy
Cheated me with my investment
- 09-29-2009
- 106
Hi,
i Invested on ICICI Prudential Kidspolicy in 2005. i was told i can surrender anytime and will get my full money back. also i made clear to them this should not be linked to market and i am not interested i mututal fund but a kids policy. in 2009 when i requested to surrender this and return my money back, i was shocked to know that this is lined to market and they told me about some NAV value and and the market price is down and so i will not get ful money!! I have been paying full EMI through ECS without defaulting everymonth!
I had to cancel this policy for an urgent personal requirement and the compnay returns only 60% of my hard earned money and that to without any intereset! i lost 40% of my rest of the money! they gave all stupid excuses saying i did not complete 4 years which was never told to me.
if i had kept this monthly investment in bank, i would have got my money saving interest as well! i got cheated by investing with these fraut insurance company!
i need your hlep in taking action against them and getting my balance money back from them.
thanks
bharti
Company: ICICI Prudential Kids policy
Country: India