Oct 10, 2016 09:40 PM
29539 Views
The salesman lied that CI rider can be reevaluated after some time . But, the company took a stand that it cannot be done and did nothing about the salesman, Dhaval Patel who got away without any reprimand .
Repeated mails to their CEO and customer care fell to deaf ears and they were adamant at following usual procedure of hefty cancellation charges while putting the responsibility of reading through their entire terms on us .
Worst thing is that the top management(CEO) encourages all malpractices as long as their crooked salesmen are able to get business at any cost . They play silent supporters .
Stay away from ULIP plans . They are of no use at all . It is better to take a term plan and invest rest in MF . That gives better savings and tax benefits .
