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26%
1.47 

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Auto debit of premium even if you opt out yearly
Nov 01, 2019 09:51 PM 3932 Views
(Updated Nov 01, 2019 09:47 PM)

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I signed and sent many forms to Max insurance to ensure that NO auto debit happens towards any of my Max life insurance policies. However those idiots had done an auto debit from my bank account even though their agent Syed Ali promised me that AUTO debit will never happen for the policies, and thereby was charged hefty bank charges for insufficient funds,


These bunch of idiots had messed up my CBIL score too due to their inefficiency. They messed up my other ULIP policies too that I had since 10 years, with inefficient fund management. I paid 2.5 lakh rupees on a policy which gave me returns of just 1 lakh now these idiots state that the fund manager charges are heavy on that policy there by it has grown negative. When they didnot manage the fund why should they charge 1.5 lakh fund charges.


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