I got fooled from bajaj alliance. I took ULIP Plan (CAPITAL UNIT GAIN) from bajaj allainz and paid 3 premium each Rs. 25, 000. Then after 3 years my total investment is Rs.75, 000 but as per NAV it is Rs. 69, 000 even the market is too good (Sensex: 18100). After calling to customer care I came to know that lot of hidden charges (documentation charges, portfolio maintenance charges etc etc appr Rs. 4000/year)for this policy. So I wanted to close this policy after 3 years lock-in period. But they are having once more check point. If I want to pre close my policy before the tenure I will be charged around 14, 000. I got shocked and meanwhile I don’t want to continue with these frauds.
So I wanted to close this policy. Now I am getting around Rs. 55, 000. Please be causious before taking a policy from bajaj allainz.