Misselling of insurance policy by Reliance

I recieved a call from person named sxxxxxt & Nxxxxxn from Delhi. offered Loan of 10 Lacks @ interest rate 3%.

They said that for getting the loan amount you have to buy a reliance life insurance policy first, Loan amount will be disbursed within 30-45 working days and policy premium is considered as 1st year repayment on loan amount.

I bought the policy paying first premium of 70 thousands rupees. I got the policy but no loan disbursed, when I call them they are not answering my calls. Policy no. 52205905

It is very serious matter and above data is sufficient for reliance Life insurance to track the persons & party involved in fraudulence .

I strongly feel that someone within Reliance Life Insurance is plotting all this to book a policy and make a profit as commission, it will go to the code mentioned in the policy.

pl. investigate the matter, cancel the policy and Refund my full amount of premium paid.

Email: prayrit.verma[@gmail.com / 06/09/2015 / 2:01 pm

1 comment for “Misselling of insurance policy by Reliance

  1. Reliance Life Insurance
    08/09/2015 at 5:15 pm

    Dear Mr. Verma,

    We sincerely regret the inconvenience caused. Further to your telephonic conversation with our service representative, we will get back to you shortly with a resolution.

    Reliance Life Insurance

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