Aug 05, 2015 09:37 AM
42959 Views
We had decided to invest huge amount, we discussed policy called Smart Power, which I had tried for a year using small amount and I was happy about it.
All our discussions with Sachin Choudhari, Sales Manager of SBI Life Wardha Branch happened on phone around Smart Power. we discussed amount, policy details, returns and agreed on monthly premium and 5 year term.
When I received the call, it was made quarterly payment and 10 year term, when I approached Sachin he assured me that it will be changed after first quarter no worry. I followed it up with him but nothing was changing, ecs was also not set up. my frustration dealing with him was increasing every day.
When after 2 quarters things did not change/move and I started digging it out, I came to know term and premium frequency are very small errors, he cheated us by giving me Smart Retire policy, which is a useless retirement policy of SBI life.
My mistake was I signed on empty form, I am paying a huge cost of it. Don't invest your hard earned money in SBI Life, they are cheaters, they cheated us big time by giving me a wrong policy.
