Breach of trust and Fraud by Aviva Insurance
Signed 1/3000
Online Signatures: 1
To
Chairman
I purchased UNIT LINKED INSURANCE POLICY from AVIVA Life Insurance with annual premium of Rs 100,000.( One Lac). I paid three instalments in all and wanted to terminate my policy. All three instalments were collected by Insurance company agent.
When I called and requested them after making 3 rd instalment of policy ,and payment of all my Units held by insurance in trust, they cancelled my policy.Aviva never asked for any medical examination nor they called me for medical check up.
Till date Aviva has not refunded value of my Units held by them in trust. My policy stands cancelled.
It is breach of trust as per policy I paid 3 instalments, and refusing to pay my Units value amounts to fraudulent practices used by Insurance company.Company offered verbally refund of 2 Lac but not value of Units.
Insurance company must pay my Units value in full. For fraudulent act their licence should be cancelled.A hearing should be given to company and me.
When I called and requested them after making 3 rd instalment of policy ,and payment of all my Units held by insurance in trust, they cancelled my policy.Aviva never asked for any medical examination nor they called me for medical check up.
Till date Aviva has not refunded value of my Units held by them in trust. My policy stands cancelled.
It is breach of trust as per policy I paid 3 instalments, and refusing to pay my Units value amounts to fraudulent practices used by Insurance company.Company offered verbally refund of 2 Lac but not value of Units.
Insurance company must pay my Units value in full. For fraudulent act their licence should be cancelled.A hearing should be given to company and me.
The Petition was also marked to:
Consumer Affair Ministry
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Legal Advise and MattersMay 26