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The company has not disbursed full commissions for even a single policy procured

Complain ID : CCN035166   65  

Insurance Complaint Complaint Date: November 1, 2018
Modified date: November 5, 2018
The company has not disbursed full commissions for even a single policy procured from crpf jawaans out of 25 thousand policies since 2006-7 . Upon intimation to MD instead of solving they kept covering and harassed my wife ms brinda rai n deliberately blocked her career . As a 8 time successive mdrt qualifier she had to resign. The company in effort to muzzle their frauds even misinformed crpf that she was terminated .Hence not only do they owe us over 5 cr in commissions but for harassment , defamation and blocking of one of the best financial advisor of the country much more than financial compensation is required . They hv dishonoured their verbal as well as written commitments . Basically simply bcos the company higher management could not digest the fact that a financial advisor was earning a higher income then even the MD so they just put their entire effort in trying to sideline her from the crpf ac . It was unfair as employees should not compete with agents as ultimately that harmed the company . The worse part is despite writing almost daily mails for last 7 years to MD and chairman IRDA no effort was made for positive resolution . Instead they hv just been coverin up.All the senior employees involved hv left the company except the MD Mr Rajesh Sud . The leaving employees need no objection certificate from the company and in return as quid pro quo they are made to do these kind of frauds so company can continue working non transparently and target the women agents as they find it easy to intimidate them. Thus over 5 cr is what company owes us in commissions plus the deliberate harassment and blocking of a career for which no amount of financial compensation can be enough.
Complaint Against / To: Max life insurance

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