Max Life Insurance
- Fraud by max life insurance and Yes bank agents Closed
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 ".
Are you brand?
Are you Lawyer?
Refund / Credit for purchase
"The company received the Legal notice and called me up to settle. They agreed to refund the amount. I thank Voxya for helping me resolve this issue."
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
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
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
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
Sir my name is kalaivani my husband name is a. Jayaseelan I have a policy in max life is insurance but the policy is lapsed my husband is no more pls I will pay amount refund pls help me...
Jan 08, 2019 by Kalaivani