Reliance Life Insurance Policy / Policy cancellation amount

India Review updated:

I have been charged an objectionable amount of 1, 805 INR on cancellation of my policy (of 25, 000 INR) in free-look period. I was told that nominal service charges (approx. 200 INR) will be deducted as cancellation amount, but the refunded amount was only 23, 195 INR. Why are the customers being cheated in this way! I want my remaining amount to be refunded soon.

Jul 10, 2013
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  • Re
      Jul 17, 2013

    Dear Sir,

    We request you to kindly mail us your contact details and policy number at rlife.[protected], with a brief description of your concern so that our service representative may get in touch with you and assist you at the earliest.

    Reliance Life insurance Team

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