Harassed consumer of IDBI Federal Life Insurance - Refusal of Policy Cancellation

Fri, 22 Apr 2016 - INSURANCE - Karnataka
Harassed Consumer person
Karnataka State
INSURANCE Industry
IDBI Federal Life Insurance Company
NA dispute
NA claim
Complaint Details

I purchased a home loan from IDBI Bank which came with a bundled life insurance policy. I called up the helpline and dropped an email within the free look period to cancel the policy but they have refused to do so. However, while being sold the home loan I got it clarified that I can cancel the policy within the free look period. They do not respond to the queries on time and have not responded to my last communication. Policy Certificate No - 4000532385 Loan Number - 0196675100002394 Request your help in closing the policy and getting a full refund of my premium. Regards

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