My father purchased reliance life insurance Guaranteed money back policy last year. Now to tell you, my father is paralyzed. A Dalal of reliance approached my father and urged him to buy reliance life insurance guaranteed money back plan. He assured very high returns and health benefits for my father as he is a stroke victim. My father accepted the proposal( Which seemed to be so good) . The broker took a cheque of Rs 30000 as first premium.
The policy documents arrived nearly 2 months later. When my father saw the policy details he was in for a rude shock. None of the things which the broker had said were true. I wrote a mail to reliance customer care. They said that as now two months has passed they would not do anything( NO mistake of my father as policy dispatch was late from their end) . Its now 2’nd year and the Reliance people call my father regularly to pay up the second premium .
Few Points worth mentioning:
Broker of reliance used fraudulent claims to sell policy. The reliance broker told complete lies. None of the things he promised were true.
Adamant reliance executives did not accept their mistake in dispatching policy details late and did not refund 1’st premium amount.
The broker filled in wrong details on the policy document.
They now continuously call my father and annoy him to pay the 2’nd installments.
My friends,
The money my father earned were from hard work and reliance took a substantial amount through fraudulent means. I know all of you who are reading my post now are from middle income group. Do not let fraudulent companies like reliance part you with your hard earned money.
Even if I save 1 soul from falling in this reliance trap I will take my blog as worth writing.
Be wise and stay away from reliance, Protect yourself and your money!