Hi,

I took a ULIP plan from Aviva 3 yrs back for my tax benefit. I was told that there would be lock period of 3 years and that i can close my policy after that.

However, when i called them up now, they say that it's been converted as a life time policy and that I need to pay a redemtion charges of 73% of my fund value which is absolute crap. I am totally stuck now. I send an email to IRDA regarding this. However, there was no help rendered to him.

So, I request you to please look in to this matter so that i can get my money back.

Regards,

Sajith Kumar