I have One HDFC Life Insurance Policy “UL Endowment Suvidha Plus” in that when I have purchase then agent?



told me that you pay only 3 premium after not required to pay premium your policy is not leaps(continue) But now from Customer Care Executive’s (HDSL) call me and told me that pay premium otherwise your policy is leaps , I have already paid 3 premium. If I will not pay premium then my policy is leaps ?

I have One HDFC Life Insurance Policy “UL Endowment Suvidha Plus” in that when I have purchase then agent?
Rate these answers

2 Replies to “I have One HDFC Life Insurance Policy “UL Endowment Suvidha Plus” in that when I have purchase then agent?”

  1. Hi There, since your agent told you a different story, you can actually file a case against HDFC. You can go through consumer court. Have you spoken to your agent on this after speaking to Customer Care? If not, do that as well. To sell insurance, agents cook up different stories, probably your case is kind of same. Generally policy premium needs to be paid throughout the tenure or else it lapses.
    Only in the case of total premium amount=the amount you paid already in 3 installments, is the case where you need not pay premium again.

    R


  2. I think you have mis guided by your agent , you may surrendered after 3 yrs premium paying it means not that you have no need to further deposit. If you not deposit your next premium your policy will be lapsed.
    HAVE A NICE DAY.





Leave a Reply

Your email address will not be published. Required fields are marked *