I have taken ICICI Prudential Insurance policy on 2005. I paid continuously three years premium(10, 000 per year) from 2005 to 2008. Overall paid: Rs 30, 000 to ICICI.
I couldnt able to pay premium due to person reasons after that.
Yesterday I called up customer care and told them that I want to surrender my policy due to person reason. Customer Care told me that the current value of my insurance is: Rs: 47, 000 and they give only 60% of my money(47, 000) which is below than my actual principal paid.
This was never mentioned 2 me before.
I dont know why ICICI doing this to their customers. We are feeling so bad that our hard earned money is cheated by ICICI.
Looking better solution from ICICI. My insurance no: 1488173.
Disclaimer:
I certify that this is my honest, personal review based on my own experience. That I have not been offered any payment or incentive to write this review. That I am not associated with any agency that markets this product/service/brand in any manner.