I had cancelled this policy in free look period, as per freelook cancellation, HDFC accepted it and refunded only 89556/- rupee of total premium paid 100000/-. They deducted around 10500/- giving details as units got reduced in free look period of 15 days as per market. As per rule, free look policy cancellation should be refunded full amount reducing maximum of stamp duty so ideally I would have got refund more than 99000/- but here almost 10000/- deducted without any reason.
Have talk to HDFC life callcenter and sent many emails/eslated email but didnt get prper response.
I have already raised it to igms.IRDAI.gov.in but as per IRDAI call center and they suggested to raise to consumer forum as insurance company closing complain on igms without any proper details (igms comlpain no :01-16-015981.
I have few emails sent to HDFC life, let me know if needed. I can forward.
THane 401107, Maharashtra
18.104.22.168 / 27/02/2016 / 7:56 pm