HDFC Standard Life Insurance Co. Ltd

Pathetic company. Useless and senseless cheats. Is there any possibility that we can rate them in negative such as minus five stars!!!!!

HDFC Standard Life Insurance Co. Ltd MISREPRESENTS AND MISLEADS THE GULLIBLE INVESTORS WITH ITS SWEET TALK AND OFFERS ATTRACTIVE SCHEMES AND FINALLY IT TURNS OUT TO BE A FRAUD. I SUBSCRIBED TO A LIFE INSURANCE POLICY PAYING RS. 4466/-. AFTER 10 YEARS I GOT RS. 44,000. IF HAD INVESTED IN LIC I WOULD HAVE GOT NEARLY 85,OOO.. HENCE PUBLIC ARE HEREBY CAUTIONED.

------- Edited on 2016-10-12 -------

HDFC Standard Life Insurance Co. Ltd COLLECTED 50,000/ANNUM TOWARDS MF INSURANCE LINKED PLAN. AT THE END OF 5 YEARS I HARDLY GOT 16,000 ON MY INVESTMENT OF 50,000 x 5+4+3+2+1 YEARS. @ A SIMPKLE RATE OF 8% i WOULD HAVE GOT 20,000+16,000+12,000+8,000+4,000=60,000 INTEREST. BUT HDFC Standard Life Insurance Co. Ltd PAID JUST 16,000. THIS IS CHEATING!!!!!!!!!!!!!!!!!!!

Having very bad experience with HDFC Life Policies like HDFC SL ProGrowth Super II , erosion of y net worth year after year and their people miss-sell their product without proper educating/ explaining to Customer. They mislead and get the first premium and see to it that Look-out period of maximum 1 month to cCANCEL The Policy is NOT adopted by the Customer . I have serious issue with this Policy since 2013 and I have to continue minimum 5 yrs on this 15 yrs Policy with high Mortality & Policy Adminitrative charges leading to loss of principle invested .

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