LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

krishnan PVU   12 June 2018

Met life life policy cancellation

Hi,

I took  annuity policy from Maxlife in 2011. I paid two annual premiums and discontinued my policy.

I send mail to the concerned company by mail that i am unable to continue the said policy and asked them do the needful for refund of my premuim as per rules. But no reply from them.

I asked the Axis Bank person thro' whom i joine this policy is telling i cannot get the money back.

How can i loose my hard earned money? 

Kindly advice what to do.

 

 



 1 Replies

krishnan PVU   19 June 2018

I appoached the office of Maxlife, as per them if i pay three premium only they will refund the money minus the charges as per IRDA rules. As per them i cannot get any money back after paying only two premium for the policy of total seven years


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register