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Dr.Pritpal Singh filed a consumer case on 16 Aug 2023 against Max Life Insurance Co.Ltd in the Ludhiana Consumer Court. The case no is CC/22/260 and the judgment uploaded on 23 Aug 2023.
DISTRICT CONSUMER DISPUTES REDRESSAL COMMISSION, LUDHIANA.
Complaint No:260 dated 24.06.2022. Date of decision: 16.08.2023.
Dr. Pritpal Singh son of Sh. Bachan Singh, resident of House No.219-C, Rajguru Nagar, Ludhiana-141012. Ph. No.9465244744.
Complaint Under section 35 of the Consumer Protection Act, 2019.
For complainant : Sh. Gaurav Saggi, Advocate.
For OP : Sh. Gurjeet Singh, Advocate.
Guaranteed Cash Value/Surrender Value (GSV) = 30% of total premiums
Non-Guaranteed Cash Value/Surrender Value=4,60,177.00
Guaranteed Cash Value/Surrender Value (GSV) -30% of total premiums paid (Excluding first year-
Non-Guaranteed Cash Value/Surrender Value = 4,60,177.00
9. Due to huge pendency of cases, the complaint could not be decided within statutory period.
(Monika Bhagat) (Jaswinder Singh) (Sanjeev Batra)
Dr. Pritpal Singh Vs Max Life Insurance Co. CC/22/260
Present: Sh. Gaurav Saggi, Advocate for the complainant.
Sh. Gurjeet Singh, Advocate for the OP.
(Monika Bhagat) (Jaswinder Singh) (Sanjeev Batra)
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