ICICI PRU LIFE INSURANCE COMPANY LTD, PRODUCT PREMIER LIFE PENSION
FROUD COMMITTED BY THE COMPANY

Respected sir,

I 've been working as an advisor under Licence No. 762-5080605 in ICICI Pru life company under Unit Manager Mr. Bittu Singh (Sangrur Branch). Mr. Bittu Singh misleaded me that if I do policies worth Rs. 9 Lacs, I will be recruited as a Unit Manager in the company with a monthly salary of Rs. 15000. The same was agreed by Mr. Parampuneet Singh Sidhu, Sales Manager (Sangrur Branch) under the above mentioned misconception. I sold my property and gave 9 Lacs to Biitu Singh as a policy. No plans was discussed with me by any of the two Managers. I was just told that I have to pay the amount for a single year. As i am not a well-qualified man, I trusted what they read to me. But I didn`t receive the policy documents for a long time. I visited the office repeatedly and asked for my policy documents but every time i was told that the policy is still in process, In the meanwhile, I came to know from one of my friends that i was misguided by the Managers and I will have to pay the amount of 60000 regularly for many years. I also came to know about the free look cancellation process. Then I discussed the same with both the managers and they told me to wait until i receive the policy documents. On 24th February policy documents were handed over to me by Bittu Singh. It is to be mentioned here that the policy documents were fully opened and torn. When I talked about free look cancellation, I was told that i can`t cancel my policy as I have been working as an advisor and an advisor has no right to cancel his or her policy in free look period. I requested Mr. Bittu Singh to accept my resignationso that i could get my money back, but he clearly raised his hands and refused to accept my resignation. Till date I am struggling to get my policy canceled but at every stage I`m being insulted and get no solution.

I would like to say that I am totally ruined by the above mentioned Managers and don`t have any money left to pay the next premiums or to maintain myself.

Is this the policy of the company to cheat the customers and to mislead them??? If not, then why I am not getting the proper guidance from the company.

Kindly consider my above application as a request as well as a complaint and look into the matter at the earliest so that my trust and company reputation will remain as they are.

Waiting for a hopeful reply,

Gyan Singh S/o Baldev Singh

VPO. Saron

DIstt. & Teh. Sangrur

Punjab - 148001

Mobile No. 9779402296

Date 28th Feb..

Policy No. 11156564

Company: ICICI PRU LIFE INSURANCE COMPANY LTD, PRODUCT PREMIER LIFE PENSION
Country: India

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