Location/place: Chengail, Howrah, West Bengal
Name of company/service: ESI Hospital
I have taken a life insurance policy from Birla Sunlife through their authorise agent. During the sales period agent has committed to provide 2-3 offers which afterwards not fulfilled and i came to know by the company after 3 months.
Policy No: 005375443
Yearly Premium is 47,000/-
Sum Assured – 150380/-
Policy Term – 5 years
As per policy terms if there are any discripancy I had to revert with in 15 days from the date oif receipt of the policy paper. But unknowingly I did not reverted to the company.Now due to my financial crisis I am unable to continue the policy and wanted to withdraw the 1st year premium amont. But I came to know from the company that If i stop the premium payment then I will not get anything return from company after completion of policy term i.e. my rs. 47,000/- will be forfitted.
Please advise me what should I do for the above matter.
With Thanks & Regards,
Debabsish Ghosh
M – 9830506191
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