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Bajaj Allianz ULIP Reviews

Rafique007

Mumbai, India


13 Reviews



Bajaj Allianz insurnace is worst

Sep 10, 2016 12:23 PM 1715 Views (via Android App)

My father take new insurance plan from bajaj executive when they come to father office they introduce plan and explain all benefit in a way that it attract lot and also explain withdraw term and condition which look really smooth and benefitial But when I called to custumer care to withdraw o...Read More

TOTAL MISMANAGEMENT BY BALIC

Feb 29, 2016 09:02 AM 4484 Views (via Android App)

Hallo friend Unit link insurance plan is a moat risky plan as it is connected to share market risk.this small funda was ignore by BALIC( BAJAJ ALLIANZ LIFE INSURANCE COMPANY) .and so it have to suffered a lot.From 2003 to 2007 every ulip whatever the company deliver double triple profit even ...Read More

Don't fall for their ULIP

Dec 26, 2015 03:38 PM 4869 Views

I had a very bad experience with Bajaj Allianz ULIP. Their investor guide representative tried to make my father invest in thier ULIP plan without explaining the percenatge o returs, upfront charges, their commision model etc & saying that just sign the from & rest will be done by us....Read More

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Good product for small term investment

Sep 15, 2015 02:10 PM 6118 Views

I was in pune and in year 2007 I opted for Bajaj Allianz ULIP product since its head quarter was based in Pune itself and also I happen to knew one of the agents who explained me in great details about this. As I had just started my career so I wanted to save some money annually and put in a pro...Read More

p.senthilkannan

Coimbatore, India


1 Review



I Have Not Received D Money I Paid

Apr 10, 2014 12:13 AM 8722 Views

Thank You for reading this post, please invest your money very carefully after reading all the reviews. I have paid quarterly for 3 years and paid a total of Rs.90, 000 in Bajaj Allianz ULIP Scheme, after three years, I asked how much I would get back, they said its 73, 000, I lost my hard ea...Read More

raamsam

Chennai, India


1 Review



Fake promises and false information given by BALIC

Nov 30, 2013 11:03 PM 9750 Views

I took a BALIC policy in 2008 through a Bajaj Allianz agent who stalled in my office(MNC). He explained me that the policy will give me assured gain in 5 years term. I have to pay a premium of 25K for first 3 years(75K in total) and I get an assured gain of 1.25 Lacs at the end of 5th year. He a...Read More

chandra1979

Bangalore, India


6 Reviews



Complaints on Bajaj Allianz

Jan 19, 2013 12:27 PM 11315 Views

I have taken a policy from the bajaj allianz ( MANDI Branch, Distt. Mandi H.P.) on 08 Dec 2008 . receipt no. 0190720586 .But till today, I have not received any policy bond from the branch or from bajaj allianz. When I contact to the concerned branch regarding this matter, then they will start m...Read More

reachcs

Bangalore, India


2 Reviews

2 Followers



BAJAJ ALLIANZ BIGGEST FRAUD COMPANY

Jan 19, 2013 12:15 PM 10310 Views

Recently I was in my native place, Bajaj allianz has cheated poorest of the poor by falsifying facts about policies. One of our relative bought a policy from his friend The policy was sold to him like this, Pay Rs. 2000/- per month for 5 years Get Rs. 40, 00, 000 as insurance against life ...Read More

Shaan1983

mumbai, India


3 Reviews



Cheating and Fraudism by BA ULIP policies

Nov 26, 2012 11:41 AM 12073 Views

In jan 2009, I had invested 12000 each in two policies of BA named "new unit gain" with policy no. 0118324808 and 0118325368.These new unit gain policy of BA was banned by IRDA in 2010 but BA never let us know all these things. I paid continuosly for 3 years installments, hence I invested a t...Read More

ria123

Bangalore, India


1 Review



Bajaj Allianz is the worst insurance

Oct 04, 2012 12:29 PM 13062 Views

I had invested Rs 40, 000 in Bajaj's Century Plus Plan in 2007 Dec. Now 5years have been completed and the insurance will close this year end. The current value is Rs 13, 638. When I checked the fund details online I could see that Rs 800 was taken as allocation charges and Rs 18, 668 was taken ...Read More

Pathetic Service

Sep 29, 2012 12:55 PM 11917 Views

Most pathetic customer service. Went to get my simple claim for my car glass breakage via policy # OG-13-9906-1801-00010869. 3 HOURS waiting for update on my claim. As per them they don't have anything online. All are updated in hard files stored in their warehouse. So if they have to retriev...Read More

kks123

koimboture, India


1 Review



Bajaj Allianz is Froud- never ever think to buy...

Jun 24, 2012 05:58 AM 12221 Views

I invested Rs. 36000 and after almost 6 years as on today - value I got return is Rs. 25000. Even Savings account is much much better than Bajaj ULIP. First years allocation rates were 70 %, then about 90 % from second year. So from my first premium of Rs. 12000 - units alloted of rs. 3600 on...Read More

midita1

gandhi nagar, India


3 Reviews



Say no to Bajaj Allianz ULIP

Jun 05, 2012 01:39 PM 11540 Views

I must share this with you all. I took ulip policy from bajaj allianz & their asset allocation fund gave me a overwhelming profit of 60%. This is excellent & I never expected this. Their allocation rates are best compared to the rest in the market & customer service team is excellent...Read More

Avoid Bajaj Allianz Trap

Mar 30, 2012 03:22 PM 11678 Views

Bajaj Allianz Insurance products are like a scam, they claim to give you the best of Insurance and Mutual fund but give you the worst, they just give you 5 times life cover whereas in term insurance you can get over 50 times at much less amount, also with regards to the unit linked investment, I...Read More

matgreg

Kochi, India


1 Review



Hamara Bajaj sounds phony

Mar 15, 2012 01:26 PM 11611 Views

I purchased two bajajallianz policies in 2007 and 2008 of premium 10000 and 12000 respectively. With my meager income I could only manage these ones. I have been told by my agent that I need to pay for 3 years only and then enjoy the benefit. Never realized the actual meaning of it. However now ...Read More

malayamithun

Bangalore, India


2 Reviews



ULIP - "U " "Lose", "I" make "Profit" is the way

Jan 28, 2012 07:21 PM 12326 Views

Please read it carefully and absorb it. This incident happened to me 5 years back. Mr. Tushar Kant has sold a Bajaj Allianz ULIP plan to me stating the below condition: 95% of the sum paid will be invested in 1st year, and 99% from 2nd year onward. I was quite young and new to the field of...Read More

Bajaj Allianz Capital Unit Gain Plan

Sep 22, 2011 10:37 PM 11688 Views

I think its just we all who are giving chance to this company by cheating us all and not taking any action against the company. the company is overcharging in rRajeev_Vermact of charges and funds are performing nil. we can file a complaint against IRDA Ombudsman regarding cheating the people ...Read More

coolrb

Bang, India


4 Reviews



Never ever go for Bajaj Allianz products

Aug 17, 2011 12:07 PM 10877 Views

This is one of the worst policy I have ever purchased in my life. No premium receipt till you bang their door, almost 1yr but have not received bond. I have already escalated to higher authorities but no response. I am still not sure what should I do. The local branch manager is nothing but a...Read More

Be careful bajaj allianz

Mar 07, 2011 05:55 PM 11143 Views

A cheating insurance company "Bajaj Allianz" dont believe and don' tdepend on this cheating insurance .. every thing is sorrowful if you go with Bajaj Allianz.. surrender charger are very high.. even the invested amount is miserable to get back a cheating insurance company "Bajaj Allianz" dont b...Read More

goyalpg

HARYANA (Yamunanagar), India


1 Review



To finish money invest in Bajaj Allianz Life Insur

Jan 31, 2011 01:50 AM 12399 Views

I applied for Bajaj Allianz Life Insurance ULIP plan. On receving policy no 0082067320 on 13-01-2008 I was shocked to see deduction of more than 55% amount as different charges. I applied for Free Look on 19-01-2008 and received acknowledgement. Till date I have not received my amount back af...Read More


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