HDFC ERGO General Insurance Co. Ltd.

------- Edited on 2019-03-06 -------

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I had HDFC LIFE ENDOWMENT POLICY. In the very first instance, they collected 40% of the premium amt rs 80,000-, nd other charges about 8% so they charged about 50% of the annul premium amt. Also they have collected monthly charges. So without investing single paise, they collected an one lump sum, nd a recurring income. In another policy linked with ulip, the fund value become less than the amt invested. The Govt has increased the insurance limit from 29% of the previous govt to 49%, is a very great mistake. During claiming they told this nd that bd cheating the public. So in Rly pl don't go in for insurance . It will add additional burden to Govt. I provide minus (-) 3stars