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cancellation of policy lifeguard

This is a discussion on cancellation of policy lifeguard within the Life Insurance forums, part of the Insurance category; Sir, 6/5/2009 Beware of ICICI Prudential and Lombard These people target mainly a/c holders and credit card holders They send ...

  1. #1
    jamesnerul is offline Junior Member
    Join Date
    May 2009
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    3

    Default cancellation of policy lifeguard

    Sir, 6/5/2009

    Beware of ICICI Prudential and Lombard

    These people target mainly a/c holders and credit card holders
    They send a policy document and asking to return within 15 days from receipt if not satisfied. They record all your conversation.
    If we try to save courier charges, we will be in trouble. They make payment from the credit card and say For only Rs 500 Your life is secured for Rs 10 Lakh. When the credit card statement comes, it comes after the duedate this is to levy interest on interest.
    When u go to return the policy, though it is mentioned on printed sheets policy can be cancelled at any time, they are not cancelling.
    It is only a lifeguard policy and nothing we get back on survival, they are not disclosing this before
    They keep on sending interest levied upon interest and finally apply LIEN a/c rule and deduct from saving a/c it comes double the premuim amount. Sir i have become the victim of this scheme, They deducted my hard earned salary for no purpose as I have returned everything I received from them back to them. Sir Please advise how to get back my hard earned money back

    Your help is highly appreciated

    Thanking you

    james

  2. #2
    admin is offline Administrator
    Join Date
    Sep 2008
    Posts
    2,965

    Default

    Hello,

    If you are facing any kind of issue with ICICI, just send a written notice to the CMD of ICICI, mention all the details in it and ask them for the refund if you are not satisfied from the service.
    If the parent company will not solve your problem and you want to knock the consumer court then this notice will strengthen your case.

    If still have a question then feel free to contact us again.
    Regards,
    Admin,

    ** PMs asking me for support will be deleted unless I've asked you to PM me with additional details **

  3. #3
    jamesnerul is offline Junior Member
    Join Date
    May 2009
    Posts
    3

    Default Cmd' addres

    Sir From where i will get ICICI CMD's Address for correspondence

    Regards
    james

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