POSTED BY January 20, 2014 1:27 pm COMMENTS (5)
ONHi All. My father is a retired government service official who was misled into buying ICICI Pru’s Life Stage Wealth II ULIP policy in my name in July,2013 .To add to this, the policy itself was never delivered at the registered address so there was no question of a free look in.
How do I terminated/ surrender this policy and get the premium (INR 50,000/-) back ASAP ? The policy has a 5 year lock-in.
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Dear Mr. Negi,
We understand our representative has contacted you and acknowledged your concern. Please be assured that the concern highlighted by you is currently being reviewed. We will keep you posted on the further development of the case.
Regards,
ICICI Prudential Life Insurance
@ ICICI Prudential : I haven’t been contacted by any representative of ICICI Prudential yet. I have provided your social media team my contact details yesterday (20th Jan,2014)
My contention is that I have been made the policy holder without my consent and knowledge and my father is named as the proposer. This is distressing to say the least.
Dear Mr. Negi,
We regret the inconvenience caused. We understand our representative has contacted you and acknowledged your concern. Please be assured that the concern highlighted by you is currently being reviewed and we shall keep you posted on the further development of the case.
Regards,
ICICI Prudential Life Insurance
Dear Vaibhav, first of all please ask for the policy document. Please do note, the free look period ‘ll start only from the date you receive. So you still have time to cancel it.
Thanks
Ashal
Hi Vaibhav,
Do you know the policy number, or the receipt number? If yes contact the customer care and get the details
You are in First year of policy, I dont think there will be any option to surrender before 3 years.
If you are able to contact customer care and request to send the policy document, you may be able to return it in free look up period.
Thanks
Sibin