Max New York Life Insurance

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Category: Business & Finances

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India

maxnewyorklife.com

Max New York Life Insurance Reviews

ramani gopalan June 30, 2011
not cancelling the policy under free look period
Search Results - Consumer Court
by MNYL. Forum: Life Insurance. Life Insurance ... Complaint against bajaj allianz life insurance pvt ltd ... Complaint against ING Vysya insrance: Guaranteed ...
www.consumercourt.in/tags/life ​insurance.html - 72k

this has been posted by max new york group to taint the other private companies from coming up

my issue is i have joined recently as an agent about a month ago and i took six policies and two policies for customers, they are not cancelling the policies under free look period and harassing the customers and and the agent to convince the customers instead of cancelling the policies and also we dont what is the amount that will be deducted each person from the company is telling diffrent versions of the amount of deduction.

this is really unbecoming conduct from max new york life
samina javed June 2, 2011
complain against max new york life agent mrs edna
In the year 2008 march i approched Mrs Edna an amgent for max new york life to take a one time policy for both my children for a sum of 50, 000/ which was an amount that was given to them by their grandmother who is now no more as a gift for their wedding i had investested it in indra vikas patra all these years but now i told her i wanted to invest in max she agreed gave me some suggestions as to put one on my name an one on my sons name which i did
after the initial signing of papers and taking the cheque that ended our work only in the year 2009 in march i started getting reminders of a payment due (i am one person who doesnt like payment reminders hence even for my other policy i was after her to do an ecs clearing which took 6-8 months(mistakes from their end not mine ) but it was done .Shocked at the reminders i frantically called Mrs Edna who was in bombay for a long while said she will sort it out when she gets back and she stopped the phone calls that were coming to me (which was a relief) After a couple of months she came back during which time she told me she has spoken to a Mr prasad who will make it a one time payment when she gets back.We she got back she changed the whole story saying there is nothing that can be done about it etc an speak to Ms RAJANI etc i spoke to her an told her this is what i had asked for an i didnt get it she was pretty rude and told me off there is nothing that can be done i reverted back to edna but there was a silence from her end too i kept sending her sms es and giving her calls but she never took the calls
About six months ago i got a call from a Mr Nagendra who rang up an said i have just joined in and i was looking at your accounts and i see u have many policies and tried to sweet talk me and said he would come to see me and tht was it.Again in feb 2011 this mr nagendra rings me up and i told him what i had to say regarding the policy can u imagine he calls me about the policy revival and when i had to tell him what is on my mind he says he doesnt have the policy nos if i mail them to him which i did and he promised to to coem and see me on the tursday after his call that was it i wrote to rajini in march regarding this and she sends me back a reply which is attached to the letter i have not even got the policy from them if they say i have received it where is the acknowledgment form that is at the back of each policy that i have to sign and give back to the company
i have some emails tht i have sent to them it was mostly making calls to edna who never answered the calls
please help me regarding the same
thanking you
samina javed
Ramesh September 15, 2009
UNETHICAL BUSINESS PRACTICE
HORRIBLE EXPERIENCE WITH MAX NEW YORK LIFE INSURANCE: PLEASE STAY OUT OF THEM.<br />
<br />
THIS COMPANY(MAX NEW YORK LIFE) DOESN'T HAVE ANY CREDIBILITY.. I have similar experience with the company where I was rejected for a top-up option on what they say is "on-medical-grounds" for a "good-for-nothing" traditional policy with Policy Number 284454196 ( I do agree that it is my mistake not to understand the policy before buying it, but its because the company agent who happened to be my friends brother misguided me and suggested me to take this policy). My personal doctor verified my report and said that there is no scope of rejecting the top-up option on medical grounds. To make it worst, they DID NOT PROVIDE ME MY MEDICAL REPORT FOR AN YEAR intentionally to make it INVALID (every medical report stays valid(in effect) only for an year) !<br />
<br />
I thought of going to the Consumer court, however not sure if this is going to work as companies like this trap us by making us sign the multiple page confusing contract document. However I do have proof of communication emails that shows that this company has dodged from providing the medical report in time. (NO COMPANY HAS THE RIGHT TO FIDDLE WITH OUR MEDICAL REPORT AND KEEP US IN DARK. THIS IS ILLEGAL TRADE PRACTICE! )<br />
<br />
The company customer care is highly arrogant, at the same time having the slightest idea of what is happening within.<br />
<br />
I have lost Rs. 26, 000 paying for illegal trade practice! My sincere request to all of you is to stay away fromMNYL. I have couple of other polcies with LIC, ING VYSA and all of them have good credibility.<br />
<br />
Basically, I hate to write anything negative about any company. However this has crossed the limit. The most painfull thing here is that there is no resource in this whole company who can listen to what a customer has to say! PATHETIC CUSTOMER RELATION!<br />
<br />
<br />
FRUSTRATED MNYL CUSTOMER<br />
Policy Number 284454196<br />
Any suggestion/feedbacks, please reach me at [email protected]
Baskerville August 19, 2009
Scammed
I was scammed by this company. This company is not worth trusting they will really betray your trust. I had taken a policy for my daughter and was very very regular in paying my premiums on time. I had feed in my mobile the date I had to fill my premiums so there was no chance of me to be late. I received a letter stating that I had to pay the premium and without wasting the day I send the check to their office and I also called them to confirm. The lady there said yes that the check is reached. But again I got a letter stating that I had to pay the premiums or my policy would lapse. I was very disturbed and called the lady again she told me not to worry and to ignore the letter. After few days I also checked the status of my account and found that the check was cleared, but again another day I received a letter saying that due to the delay in paying the premium my policy was relapsed. I was stunned and called back the same lady said that I ignore the letter. But how many time should I ignore I requested her to send me a letter stating that the payment was done but i never received the letter. I am calling her every now and then for the letter but no one seems to be interested in sending or taking care of the matter. I am fixed whether I should pay the premium again or what? Please help me. I am caught in their clutches, but would like to warn all those who are planning fro a insurance please say no to this company. The matter of insurance I all about trusting this company is not ready to apologies fro this nor are they ready to send a letter, so that it becomes a proof for me that the premium has been deposited.

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