Complaint Details

Status : Closed Closed
Complaint No
: 0005419/2013
Category : Insurance
Date : 14-07-2013
Subject Line : ICICI Prudential Life Insurance Co. Ltd. - fraud policy offering and does not understand consumer time importance
     
Complainant : RAHUL DESHMUKH
Address : PUNE
     
Complainee : ICICI Prudential Life Insurance Co. Ltd.
Address :

 

Complaint Details
The ICICI executive offer me below policy and till date they did not delivered any bond paper which can have these details also whenever I am taking followup with the executive they always ask for 15-30 days and again same story.

The offer given as:
Guarantied certificate plan with 0.01% profit sharing starting from 2013.
Premium term-7 years
Profit sharing-5 years
Coverage-600000/-
Accidental- both insure and nominee will be covered
Premium -60000/- p.a.
Guarantied returns after 15 years- 1150000/- up to 250%

None of above promise is completed by ICICI, I am still waiting for bond paper which supposed to be delivered at my register mail address. Till date I have just received Policy document (attached).

PERSON INVOLVED:
1. Executive - policy offer by
2. Manager
3. Insurance Agent
Note: Just to not publicly disclose name I am not noting down here, let me know if it is require I can provide same.

Document I have with me:
1. ICICI Policy copy
2. Insurance Agent I-CARD copy

I would like to get this sort out or get refund my money (60000/- + followup and compensation)

Could you help me to sort this out.

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