consumer court consumer Forum

voice of consumers

  • Browse Complaints(current)
  • Login
  1. Home
  2. Complaints
  3. Fraud by max life insurance and Yes bank agents
Records save successfully

Max Life Insurance

 - Fraud by max life insurance and Yes bank agents Closed

Atul sain filed this complaint against Max Life Insurance on Oct 09, 2021

I had opened my salary account with yes bank agent Ved prakash. After some some time , he brought an yes bank agent with him both of them convinced me that I should buy max life insurance policy with premiumof ***** rs quarterly. The terms explained to me were that I will have to pay for ** years to complete this policy or I can get my money back after * years with surrender benefits amount.
After paying for *-* quarters, I understood that this policy is not as good as I was told by these agents, they sold me this for commissions.
I started to enquiries for policy closing, even max life customer care suggested to continue till * years and then close so I may get surrender benefits.
After paying for * year and a quarter, they started confessing that I will not get any benefit instead I will be booking more losses. They will not give my money back instead they will be giving me small settlement amount which they did not disclose.
Even after sending emails for closing my account, canceling autopsy, instructions of closure of my account on phone. They are threatening me to pay more or I will get hit on my account.
Such shameless frauds are done openly. You can even check by random call. They will explain "surrender benefits ".
Policy no-*********

Are you brand?

Resolve Complaint


Are you Lawyer?

Help Consumers

 


Resolution Demanded:
Refund / Credit for purchase

Max Life Insurance

14 Total Complaints
8 Total
Resolved
57.14% Consumer Satisfaction

Frustrated?     File a Complaint

Share complaint with others:

Yatra.com

"When no one is there to help you, Voxya is there. Voxya team helped me to get my refund when no helpline was provided by the bus vendor. Its a good initiative and I recommend it highly."

Krishan Sharma

Resolved

Resolve complaints to succeed in business

We support businesses as much as we support consumers. Create your Company Account at Voxya by filling the form and we will help you to resolve consumer complaints.

Resolving customer complaints are important to succeed in business. Infact consumer complaints are opportunities to build trust and long-term relationship with customers that can turn customers into Brand advocates. You should check our detailed article on how brands should resolve consumer complaints here https://voxya.com/stories/how-companies-should-resolve-consumer-complaints/

How it works

  • Fill form to create account
  • We verify business
  • Login & start resolving

Voxya benefits

Building Customer Trust

Voxya helps businesses in pacifying an annoyed customer and building trust & long-term relationship with him by responding to his concerns.

Efficient Complaint Management

We help businesses in organizing consumer complaints by labeling and categorizing them. You can take action based on time, type or urgency.

Quick Response

Voxya provides tools to quickly respond to consumer concerns by creating frequent responses and pushing them on demand.

Resolve Complaint Quickly

As we regularly capture complaints so we notify businesses as soon as we receive any complaint at our platform, thus enabling quick resolutions.

Build Better Brand

Voxya helps in identifying issues in your product or services. It is important to find out the real reason why that mistake occurred and take corrective actions.

Customer Loyalty & Retention

With Voxya you can convert annoyed customers into loyal customers by offering quick response and resolution.

Read more Read Less

Company details (You are registering for Max Life Insurance)
Personal details

Help consumers to file consumer forum case

Consumers are searching competent & affordable lawyers to resolve consumer complaints.
* Upload Bar Council ID photo
* Upload professional photograph with clear background
* Upload Your AADHAR card / PAN / Voter ID

Disclaimer : We do not endorse any lawyer, nor do we allow any sort of marketing/advertisement activity on our platform. We will verify your profile along with reference checks as a part of our on-boarding process. You may get a call / email shortly from us.

Related Complaints

Max Life Insurance - Policy not issued Closed

Policy not issued. * months already all the documentation and medical part has been completed. ...

Dec 17, 2022 by Mohit vyas

Max Life Insurance - ECS refund not processed Closed

I had a policy from max life insurance company which i requested to surender in month of aug ****. Same has been communicated to the company via email and as response I got a confirmation mail from the company that policy has been discontinued ...

Jan 01, 2022 by Manish Arora

Max Life Insurance - Maxlife denying to provide surrender value amount Closed

I am a Maxlife policy holder and I have completed * year with the policy on * September ****. Due to some financial reason I planned to surrender the policy. At the time of opting for the policy I was informed by Maxlife Agent that in any ca...

Nov 01, 2021 by Wasim khan

Max Life Insurance - Amount Refund Closed

Hi, I took an Insurance premium during **** in Max Life Insurance.I paid one premium at the start and the next year I was not able to due to medical emergency of my grandparents. I have approached the Max Life office in Salem,TamilNadu fe...

Jun 07, 2020 by Santhanuraj

Max Life Insurance - Fraud by max life insurance Closed

We purchased the policy from max life insurance with policy no. Policy No. : ********* from axis bank Matak Majri Indri Karnal. On purchase time axis bank manager mislead us to pay three premium of nearly ***** each which we pay on time. He tol...

Sep 02, 2019 by Sunil Nagpal

Mark this Complaint Resolved

Do you want to mark this complaint as Resolved?


Please leave feedback if you like our services
  • Facebook
  • Twitter
  • Youtube
  • Instagram
  • Google Play

Lawyers & Advocates :

  • Nagaland
  • |
  • Gujarat
  • |
  • Telangana
  • |
  • Himachal Pradesh

Consumer Forum :

  • Puducherry
  • |
  • Karnataka
  • |
  • Goa
  • |
  • Jammu & Kashmir

Online Complaints :

  • Automobiles Complaints
  • |
  • E-Commerce Complaints
  • |
  • Postal Complaints

Create Account :

  • Company Registration
  • |
  • Lawyer Registration
  • |
  • Consumers Club

Take Action :

  • File a Complaint
  • |
  • Hire a Lawyer
  • |
  • Get Business Help
  • |
  • Talk to a Lawyer
  • ©2023 voxya.com
  • |
  • Terms & Conditions
  • |
  • Refund Policy
  • |
  • Privacy Policy
consumer court consumer Forum

File online consumer complaint from any state or district. We prepare your consumer complaint for consumer court and consumer forum in state or district or any consumer court and forum in India.

  • Companies
  • |
  • Stories
  • |
  • FAQ
  • |
  • Help

Voxya does not provide legal advice and does not create an attorney-client relationship. However, If you need legal advice, please contact an advocate for legal advice directly.
Voxya is an independent platform and it is not affiliated with any Brand, Company, Government agencies or Forums.
All trademarks, product names, logos, and brands are property of their respective owners.