MisSelling of MetLife ULIP Policy – Annual Premium

My Name is Mohammad Habiburrahman from Bhilai, CG.

I have a metlife policy whose date of issue is 27-aug-2008 and the policy no. is 1200800636685 which is started from AXIS Bank, Bhilai branch. CG.

While opening the Policy, they said to me that at first i have to deposit an amount of Rs. 99000 (Ninety Nine Thousand for first year), and then after from the next year i have to deposit an amount of Rs. 12000 (Twelve thousand) for the next coming three years.

But when i go to pay my 12000 (Twelve thousand) for the second year, then they can’t accept my amt and then are saying that I have to deposit Rs. 99000 (Ninety nine thousand) again. It means they are saying in place of 12000 i have to pay 99000.
They have given me the wrong information while opening the policy.
And now i am not able to pay Rs. 99000 as my saving is not that much.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.