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Complaint #4705 — SK Sharma

Filed: 26 Feb 2014  ·  Address: 12C, Kamet, Anushaktinagar, Trombay, Mumbai-400094.
Dear sir, I want to bring to your kind notice that employees/agents/sub agents of Reliance life insurance company are selling insurance policy fraudulently. They are luring customers by saying that they will get \'Interest free loan\' of an amount equal to 10 times of the insurance premium. They vanish after selling insurance policy. The promised loan is never given. I too cheated me by this false promise and sold me \'Reliance life insurance policy (Policy no. 50794016)\'. I paid Rs 2 lakhs as premium. When I did not get the loan, I wrote to RLIC and told the whole story and requested them to take action against to the involved employees / agents and to refund the premium as the policy was sold to me fraudulently but the company did not take any action. I provided all the proofs also. It appears that company officers are also involved in this and they are silently supporting this type of activity to increase company business that is why they are not taking any action.

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