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Non payment of Settlement by Tata AIG

This is a discussion on Non payment of Settlement by Tata AIG within the Life Insurance forums, part of the Insurance category; Hello, I am Sharmistha Iyer and I hold the Tata Aig Policy no - C000808228 (started in Jan 2004). I ...

  1. #1
    sriyer_20 is offline Junior Member
    Join Date
    Apr 2010
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    Default Non payment of Settlement by Tata AIG

    Hello,

    I am Sharmistha Iyer and I hold the Tata Aig Policy no - C000808228 (started in Jan 2004). I used to pay around Rs 900 per month and I did this for 5 yrs , intially this was a payroll deduction from my company but then it was discontinued.I tried to reinstate this policy payment but I did not get any support from Tata AIG.I have forwarded all this information to Tata AIG Grievance Redressal Cell.

    Now I am requesting the company to return me the amount that I have paid (around Rs 57480) them minus the administrative charges and Tata AIG is stating that they have forwarded me a loan against my policy in order to keep the policy active and that is why only Rs 700 will be returned to me.TATA AIG do not have my updated address also and they have been communicating with me on my old address ,I changed house in May 2005.Although my mobile number has not changed but they have never called me regarding this on my mobile .

    I also have another SIP with Tata AIG which I started in 2006 I had requested this agent also to help me reinstate this policy but without any results.My point in all this is when its time to sell the policy the company and the agents are falling over themselves in following up, calling, coming home but in servicing the policy nobody is interested .Why? Is it because they want to not return the monies in case there is any disagreement like mine.

    I would like to launch a complaint against Tata AIG and the defunct agent for this harrassment. And necessary action to be taken against this and my monies returned to me.

    Thanks and Regards
    Sharmistha Iyer
    9820330326

  2. #2
    premeet01245 is offline Junior Member
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    Default

    thanks for shearing
    rajniaggarwal.com
    lovinobra.com
    .bestastrologysolutions.com

  3. #3
    Unregistered Guest

    Angry Complaint againt Tata Aig about Not returning my money.

    Hello,
    I am Prem Singh and I took Tata Aig Maha life Gold Plan Policy No- C188052394 in Feb 2010. One Agent call me on my mobile and told me that he is calling from Noida Branch of Tata Aig and make me agree to took their Maha Gold Life Plan and told me fake information about the Plan. Now in March i have given the cancellation of the policy in Nehru Place branch of Tata Aig but Tata Aig Company saying that they will not return my money to me. I am very tried of going to their office and making call for the returning money to me.

    So I request to help me as soon as possible about the same.

    Regards
    Prem Singh
    9250347463

  4. #4
    premeet01245 is offline Junior Member
    Join Date
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    Default

    Quote Originally Posted by Unregistered View Post
    Hello,
    I am Prem Singh and I took Tata Aig Maha life Gold Plan Policy No- C188052394 in Feb 2010. One Agent call me on my mobile and told me that he is calling from Noida Branch of Tata Aig and make me agree to took their Maha Gold Life Plan and told me fake information about the Plan. Now in March i have given the cancellation of the policy in Nehru Place branch of Tata Aig but Tata Aig Company saying that they will not return my money to me. I am very tried of going to their office and making call for the returning money to me.

    So I request to help me as soon as possible about the same.

    Regards
    Prem Singh
    9250347463
    first meet that person then u should take action
    --------------------------------------------------------------
    15
    rajniaggarwal.com
    lovinobra.com
    .bestastrologysolutions.com

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