Fooling customers
I took a ULIP policy (001066868) 4 years back through Citi bank. I paid 36000 annually for 3 years which was my locking period.

So, ideally I should get more than 1 lakh Rs. after the completion of 3 years
which was not in my case. When I called I was surprised to know that I will get only 70000 Rs. I was told that if I wait for one more year (four years in total) then I will get the capital amount of 1L which I have invested. Today after 4 years when I call the person says that I will get only 71000 Rs only.

Who in this world would invest an amount of 1L and get a return of only 71000 Rs only? This is clearly fooling people in the name of Insurance.

I have also joined LIC ULIP exactly after 1 year of joining BSLI. I invested 50000Rs for three years and at the end of three years I got 190000 Rs which makes sense. I invested 1.5 Lakhs and I got 1.9 Lakhs after 3 years. This is what investment is not BSLI policy.

People stay away from BSLI policies. They are not here to save your money, they are here to earn their livings using your money. Go for LIC which is best and no hidden charges.

Regards,
Bency

I took the policy in Birla Sunlife in the year 2002 and paid the Rs. 77,616 /- till now. Now the insurance company saying my surrender value is only 59,000 after 6 years. This is very bad. I need my money whatever I paid in atleast. am ready to go to any level to get this money.