Jan 04, 2013 11:09 AM
6968 Views
Never invest in Maxnew york life insurance (Now, Max Life Insurance). They are robbers without guns. It doesn't matter to them, if you are not making anything on the money invested with them. What they are doing is getting their share from the money invested. There is no way that you can make a single penny with them. I invested my money in their bonds a few years back and waited for these years that I will be getting a good return, but when I made a calculation and inquired with them, I came to know that they are the biggest fraudesters in India.
I was told that they deducted 25% of my principal amount in the first year, 20% in the second year and 5% per annum thereafter + other expenses and it does not matter whether I made a single penny on that amount or not. Never ever go to these guys and other private companies like these ones.
If you want to invest, go instead to government enterprises like LIC etc. So, it is my friendly advice to all NOT TO INVEST in Max Life Insurance. If you have invested with them in the past, be quiack and surrender their bonds before it is too late. And in the last, I would say, "Marzi hai aapki, aakhir paisa hai aapka".
