Jump to content
  • 0
khushi123

Axis Bank Should not cheat customer by selling fraud policies of Max Insurance

Question

khushi123

Max insurance and Axis bank are cheating customer by selling fraud policies as Bank's agents are providing wrong information about the policies just for the commission and they are responsible for blocking hard earned money of their customer. Max insurance policies are policies with no benefit. check the link and see how many complaints register for Max insurance every day.

https://www.consumercomplaints.in/max-life-insurance-b101336

I want Govt should take strong action towards Max insurance and make them feel humiliated for taking hard earned money from needy people. People earn money and invest in policies to secure their future but Companies like Max give them nothing. Lots of people are suffering due to this.

Max Life Life Gain Plus 20 Yr 6 Pay: This policy is worst for investment, it will not grow as compared to equity markets or fixed deposit interest.
because they can't invest completely in equity because a big percentage is reserved for insurance and SURRENDER  and Axis bank's agents are selling this kind of policy to the customer just for commission and benefits of the company. Nodal officer of both the companies are not helpful at all. 

 

 

Share this post


Link to post
Share on other sites

1 answer to this question

Recommended Posts

  • 0
Prasad GLN

Let the buyer beware is universal applicability.  Everyone has to perform his duty for the sake of salary and to promote his organization.  No one can grab the discretion rights of the citizen.  Look before you leap is a proverb.  Blaming a Government, because someone cheated is not proper.    Those who are cautious never step into such speculative gains.  Once bitten twice shy.  An investor learns more lessons only through failures and balances the present to gain something in the future in some other way to compensate such losses.  This is all ongoing process and at one point one cannot judge performance.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Answer this question...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


Announcements

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use & Privacy Policy