I am a Birla sunlife insurance Policy holder.I took the policy on Feb 2010 and made 3 payments consecutively. While I took policy I was informed that I can surrender the policy upon completing
policy for 3 years. TOday I visited BLSI branch in Adyar Chennai.
They informed me that I have to bear a surrender charge of 5000 Rs. Totally I invested 30000 and the current fund values is 30100.I didn’t receive the growth like my advisor assured plus I have to bear a loss of 5000.totally what I am getting is 25k for my 30k invested. Birla has eaten up my hard earned money.dear friends please don’t invest in BLSI bcoz they are the masters in cheating.
Their agents will convince you by telling you about the huge growth and blah blah blah things..At the end you will be a looser. you will loose your money that your agent wont compensate.. I should have gone with LIC. I regret..
Birla is a