Feb 11, 2010 12:56 PM
4210 Views
1) Bajaj Allianz agent approached me for this policy and assured me guidance for every quarter, after the policy got approved, he never turned back even after repeated reminders. beware with the agents, they never care for you after policy got approved. similar case for my friends too
2) 20000+10000 top up paid for three years (total 90000) and even after 4 1/2 years total value is not even 80000/-
3) they never sent me any statement or status of my units even after repeated reminders
4) even after this much loss they requested me to wait for an year, they told me the same in the previous year also.
5) when I visit their front office and inquire, they guide to certain extent which never yielded any fruitful results
6) there is no one person whom we can really take help from and take a valuable / fruitful decision regarding your money invested
7) during this 4 1/2 years they never sent me any statement even after reminders and visits to their office
For 90000 invested, even if you put in fixed deposit, at lowest interest rate of 6%, you will certainly get at least 17000 as interest on simple interest calculations but it actually a loss of 10000/- if you put the same amount in NSC etc you will get at least 8%
Beware of the bajaj allianz investments and do not believe what they show it to you while registering for a policy. they told me at least 35% yield YOY. Recently, I visited their office and I have seen 4 customer like this who expressed the same and same with my friends.
