Nov 14, 2015 04:53 PM
62334 Views
I have made repeated complaints on behalf of my Father to PNB Metlife for ULIP Policy # 00574237(Misselling wrong Policy / Product and causing Financial loss for Customer).
However there have been no positive response /action being taken for resolving the issue. I am looking for proper compensation and resolution for the Financial loss and mental trauma that have been caused by the Insurance company to my Father.
My Dad has incurred loss of 1.25 Lacs(Premiums paid - 3.5 Lacs, Surrender Value - 2.23 Lacs). Policy has been purchased in May 2008 for my Father Mr. Shreegopal Jalan for primary purpose of Investment with good ROI and Insurance as secondary purpose. We have been assured by the Agent that Policy would meet the objective.
However we have not seen any positive returns as promised and have made repeated complaints but there has been no proactive measure or resolution taken by Insurance company.
Kindly do the needful and please assist us in taking this fight against Agents/Companies involved and responsible for Misselling of Wrong Policies/Products and causing Financial Loss ./ Mental trauma to the customer.
