Dear Sir,
I am working as automobile technician in Trivandrum, Kerala, at an automobile dealership, before three years a consultant from the Metlife came here and gives a lecture about the investments that can be made in their company.
By the instructions of the consultant I took a policy for an amount of rupees 25000(twenty five thousand) on 2007 Aug 2nd.
The consultant told me you have to pay Rs2500 for the next two years also and if you fail to pay, you can withdraw the amount only after three years .Due to financial problems I could not pay the installments for the next two years.
Now after completion of three years when I went to surrender the policy, I was stunned to find that I will get a refund of only thirty percent (30%) of the annual premium paid , that is around (5000Rs) as per their calculation after taking their admin charges etc.
I invest 25000Rs in the insurance company and after completion of three years the company is paying back me only 5000Rs is not acceptable .Now I understand I am cheated by the Metlife insurance company.
I understand all insurance company in India is operating under the scanner of IRDA, then how this insurance company’s are cheating working class people like me. Actually is meant foe the marriage of my sister which is on this month.
I beg your intervention in this matter to get back my money which I invested.
Attached copies of premium paid, reply from the Metlife.

Thanks & Regards
Pramesh P Prabhakar