Inconsumercomplaints.com » Miscellaneous » Review / complaint: Max New York Life Insurance Co. Ltd - Deducting more charges which is not mentioned by the company | News #400102

Max New York Life Insurance Co. Ltd
Deducting more charges which is not mentioned by the company

Sir,

I had a policy from the company the policy number is 431286095. In that policy I had deposited Rs.19500/- in which the units alloted of Rs.8000/- The company had deducted the heavy charges for the policy. The company had not mentioned about charges in the proposal form and agent also not told anything about that, the agent told that your money will be doubled in five years. How it can be possible, If so heavy charges deducted by the company.

It is the style of company to earn money from the middle class peoples in the name of doing the money double. I also requested to refund me the total money deposited by me but the company told me that after three years it is possible and you had to deposit total amount of Rs.540000/-. So please take necessary action

Anurag Jain

09993047100


Company: Max New York Life Insurance Co. Ltd

Country: India

Category: Miscellaneous

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