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bajaj allianz life ins co - Bajaj Allianz policy: invested 35000/- received 4000/- only after 3 years.

Complaint by sbchougule on December 6, 2011, 6:02 pm in Insurance All

Dear Friends

Please dont go for emotional advertisement of Bajaj Allianz life ins.
I purchased the policy 'Unit gain Plus Gold' on 28/10/2007
paid 35000/-
I purchase only because I had good experience of Bajaj Products.
BUT !!!!! Later i came to know that they policy have huge charges, poor performance in market and it is not a good investment.
I stopped paying next premiums. and surrender the policy.
I received only 4000/- in 2010.
company has not given the details about deduction of about 88% of money

After this experience
Now I dont invest in any Policy.

Sukumar Chougule, Pune

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Complainant's Goal: Public awareness towards hidden part of insurance
Complainant's Target: bajaj allianz life ins co
Complaint Location: India › Maharashtra › Pune
Complaint URL: http://www.icomplaints.in/bajaj-allianz-policy-invested-35000-received-4000-only-010207.html

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1.
Tue, 06 Dec 2011  Message from iComplaints.in Helpdesk

An email communication has been sent to bajaj allianz life ins co on December 6, 2011, 6:02 pm

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