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MouthShut Score

16%
1.61 

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Kotak Life is chetting pubic- I can prove it
Oct 15, 2012 11:54 AM 7128 Views

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This is my fist review ever. Please read before going for Kotak Life insurance.


1)  They are promoted 275 % Bonus , but now  after discussing with Customer care came to know 275% will come after 20 Years only -- Mosam


2)  I was applied on my dad but they applied on my name , as my Dad age more- wont get bonus. they directly get the documents with out consulting me.  --- Mosam 3)  and now they are saying First Year Amount I will never. If I continue till 20 years only I will get. --- All the above conditions are hidden at the time of Joining policy. They  called many time asking me to joining , no one told me above terms and conditions .


I have not read the Policy document and now I made a mistake by trusting the agent's.


Present ::::


---------------- I am calling to customer care, they are allway's speak's with respective the Policy Documents. I paid 1 Years 6 months of: 54000 Rs.  if I close the policy now I will not get the amount an single Rupee also. even if I close the after 3 years,  they are will not giving me 1 years 36000 Rs .


They are playing with our life , we are working hard  for whole year and do saving.


What a kind of policy is it??


how they are getting permission for this type of company's??


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