I take IDBI FORTIS RETIRESURANCE PENSION ON 2010. At the time of taking this policy I do’t know it was a regular premium paying policy.
Because I am an NRI the federal bank manager introduce the idbi representative to me at that time I am about to leave to my work place aboard so I trust him and sigh the document and left India.
At that time I said to IDBI representative that I need a single premium paying policy so I don, t go for further enquiry about the premium. but I visit India this year and ask about to surrender the policy your representative inform me my policy is a regular premium paying policy because of non payment of premium it is terminated and you will not get money back.
One thing more I don’t received any intimation from idbi forties or federal bank to pay the premium. Further to my enquiry I came to know that IRDA also passed orders to give back the money after IDBI charges in such cases. So NRI’S DON’T BELIEVE THE CHEATING PEOPLES OF INDIA