Complaint Details

Status	:	Closed
Complaint No	:	0037921/2015
Category	:	Insurance
Date	:	05-01-2015
Subject Line	:	heavy charges concealed by the company while issueing policy
Complainant	:	john panicker
Address	:	L-21f, sheikh sarai-2
Complainee	:	max new york life
Address	:	90-1, udyog vihar, sector 18, gurgaon

Complaint Details
I deposited 25000 per year x2 year=50000/- for a life insurance policy,company charging 1000 per month as admin fee for a sum of 5 lacs, this admin charges levied is against the rules and not informed to me while issueing the policy, I stopped the premium paying , and I need the entire money deposited back with simple interest.

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