Firstly i would like to request you dont select any of the reliance insurance plan. I am suffereing a lot with the reliance life insurance mass value plan. See my case, I joined with reliance massvalue policy and at the time of joining they (agent) were given so much offers and told after 3 or 4 years i will get double of the amount which I paid till that time. but as my policy current growth status (this is after 2 years), i can see 60% of the amount has gone from my amount. in short, I paid Rs 20000/- in 2 years duration (Rs 5000 * 4 premiums) and in my account shows, current growth value is only Rs 9000/- .When I enquired and asked to customer support people on this, I got one more shocking news as, if I surrender my policy after 3 years, they will deduct the surrender charge of 5% of growth value because my policy term is 15 years. So I am totally fed up with this reliance and each and every time i am getting different different terms and conditions from those customer care people. So my request to all is, dont go for any of the reliance plans. They will say big big things, but beware... those are not practicable in the real life.

Our Earnest Request – for refund of premiums
D/sir/madam,
We have got tremendous regard for you and for your entire responsible officers as you represent the Forces of the mighty nation and for us it is a matter of tremendous pride to maintain the ever growing relationship with the fraternity as financial advisor and in the process extend to one and all the financial security and peace of mind to the best possible extent.
Just six months back one of the advisor belongs to RELIANCE LIFE INSURANCE CO LTD brought some ULIPs plans to me and offered me best returns guarantee product on single premium investment,I thought rather than invest into fixed deposit,better to opt some life long security plan to provide me the assured return without any market risk .
Since that day she has sold us wrong plan rather than she has told us ;without our knowledge ,apart from that she done duplicate signature of the policy holder thatz my daughter in law named,alongwith somebody else photograph on the proposal form,When I checked everything properly and contact her many times,she never revert to us.
We have written several letter consistently to the company concern department,they have not supported us except prolong indirect replies for sake of investigation,.we kept insisted to refund our premiums in terms of mis-selling.NO answer till date.
All top Co’ in the world follow Forces’ discipline, integrity and passion which you all have and for this, everything remains time-bound. We also, at the Co- level, try utmost to follow the same module for meeting our target and objective, the ultimate.
At this point of time, may I request you and your entire department earnestly, to do everything possible for refund –premiums of the policies, which requires NOW cash or DD premium payment? I am sure, your concern department officers will certainly realize the time-bound priority settlement on our part which is lying pending since long. Please help us and I am sure, it will meet your due consideration in time. We will be honoured by your kind speedy action. Mrs.Kanta Gupta is in touch with you. Please help us with your active consideration as summed up above.
In the meanwhile, with best wishes and warm regards
Yours sincerely
Kanta Gupta
(Policy Holder)9210230675 AdvisorName: SARLA MOURYA
CONTACT NO: 9311111860
AGENT CODE : 21016098
SALES MANAGER: SUJIT KUMAR VERMA
S.M.CODE: 060700