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Summary

Bajaj Allianz General Insurance
Ananth Shenoy@askathu
Sep 07, 2007 12:26 PM, 5345 Views
Fraud by Bajaj Allianze

Go through the mail and reply from the biggest frauds : Bajaj Allianze


Dear Sir,


Thank you for reaching the Bajaj Allianz Life Insurance Customer Focus Unit. Your query has been registered under Token ID: CC80828.


This is with reference your mail regarding the allocation query .Please allow us to apologize for the inconvenience caused to you.Your grievance is a lesson for us as a company and we will ensure this does not repeat in the future.


In New unitgain product allocation for the first time is 28.5% and from second time onward it will increase upto 94% .Kindly continue the policy for three years and get the surrender benefit as per the account value .We hope we have resolved your query to your satisfaction.You are a valuable customer to us!


Thanks and Warm Regards,


Uma M


----- Forwarded by Life/Others/Pune_HO/Allianz-IN on 09/05/2007 01:25 PM -----


"ANANTH SHENOY"


09/04/2007 12:50 PM


To cc Subject FW: about my policy


Policy No. 0043400177


First, I have written many mails to this address, but not got any response.


Since I was traveling and out of station at the time of receipt of the policy, I could not return it in the free look in period.


As you know, this New Unit Gain is the WORST ever policy that is available. I was duped into buying this policy by an agent who unfortunately happens to be my friend. The allocation to the units is below 29% in the first year. Where is the balance amount allocated? After mortality rate and reasonable administration charges that is.


Anyhow I know that there is no explanation for such a fraud and I strongly desire that let the entire company and BAJAJ family be doomed for this fraudulent practice. (I came to know that heavy incentives and commission is paid to the agents). I am waiting for the lock in period to realize whatever I can from your wretched policy. Meanwhile please stop using miserable statements like CUSTOMER IS SPECIAL ETC IN YOUR COMMUNICATION.


ANANTH SHENOY

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