Submitted by: Sunil G Bajaj
Complaint Details:
Mr. Sandeep from Bharti-AXA Life had promised 21 times of the premium paid as the maturity returns after ten (10) years of same premium. However, when the policy was received the amounts guaranteed at maturity were not as per committed amounts and in fact it was just an illustrated of 4 % and 8 % non – guaranteed amounts mentioned. There was no broker involved, yet the broker details are mentioned therein.
Also, in one of the policy the sum assured has been drastically reduced with a consent letter included which is not signed by me. Forged signature has been made and letter has been issued.
Had spoken to Mr. Arnav Deshpande from Bharti-AXA life and Mr. Sebastian from Bharti-AXA life
So request to please cancel all 4 polices and refund the premiums paid.
Details of the policies are:
1. Policy No – 501-4748494, Mahek Sunil Bajaj and insured by Heena Sunil Bajaj for Sum assured – Rs. 765937/-
2. Policy No – 501-4748486, Sharan Sunil Bajaj and insured by Heena Sunil Bajaj for Sum assured – Rs. 765610/-
3. Policy No – 501-4748528, Sharan Sunil Bajaj and insured by Sunil Gokilal Bajaj for Sum assured – Rs. 434063/-
4. Policy No – 501-4748510, Mahek Sunil Bajaj and insured by Sunil Gokilal Bajaj for Sum assured – Rs. 747352/-
Only one was cancelled and amount refunded due to acceptance of forged signature by employee of Bharti AXA against
. Policy No – 501-4748528, Sharan Sunil Bajaj and insured by Sunil Gokilal Bajaj for Sum assured – Rs. 434063/-
Have been continuously following up for my refund. PLEASE HELP !
Thanks and Regards,
Sunil Gokilal Bajaj
9930027469