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I invested in vision policy for 11 years. With in 2 years i requested for closure.

I had 15000 usd invested by that time.

I was was refunded the surrender money on,y 1900 usd.

Ater so many communications they have not yet answered the reason or justification for this.

This seems to be a big scam happening and no body seems to be governing them.

There is no where written this in the contract or told verbally by the broker.

There is no penalty if i cross 15 months lockin period as per the contract.

I dont know in which court to complaint.

Monetary Loss: $13500.

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Pissed_Consumer_ITH
#1534836

Am in the same situation. We have little to no chance of winning individually.

Best is to group up all of us and take legal action against Generali Worldwide.

Contact me ... Imrana.Thiam@gmail.com.

Anonymous
#856416

GI vision has an up front period where every penny you pay is their money in commision. Afeter that you get to keep the rest.

No financial advisor will tell you this and most customers, including me, lost 60 / 70 / 80% of their cash. A complete *** job.

tandem_4x4
to Anonymous #1390530

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

Anonymous
Nashville, Tennessee, United States #792046

I have the same situation. I needed to surrender my plan and I paid 14K usd and they said that I'll get only 859 usd.

tandem_4x4
to Anonymous #1390532

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

Anonymous
Shanghai, Shanghai, China #732376

You are not alone - please refer:

http://www.shanghaiexpat.com/phpbbforum/generali-vision-plan-t162617.html#p1860630

Join our petition at:

http://www.change.org/en-GB/petitions/generali-annul-vision-contracts-and-return-all-funds-at-current-market-prices

We need to collate all the people who have been ripped off by this product

tandem_4x4
to Mike Hammer #1390533

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

Pissed_Consumer_ITH
to Mike Hammer #1534846

Hi Mike, seems your Shangaiexpat page is not working. Was there any action taken ? How many people have you gathered so far ?

Anonymous
#732147

@Asish_puri. You started an 11 year Investment plan and closed it within 2 years.

You signed the illustration that showed the surrender values in the early years ,so exactly what did you not understand ! It is patently obvious that these contracts come good from year 4 and after provided the investor sticks to the agreed program.You didn't

Anonymous
to wtf #732849

No. There is no such clause in the agreement.

tandem_4x4
to Ashish #1390534

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

tandem_4x4
to wtf #1390535

The problem is that those who stayed 10, 11, 17 years still lost 60-90% of their value. Can you please help me understand how?

Andy1962
#725282

Hi Ashish,

This is a global problem. I have been ripped off too and am based in Shanghai. We are trying to consolidate complaints against Generali and intend to use Social Media to add leverage to our campaign

Please sign the petition at:

http://www.change.org/en-GB/petitions/generali-annul-vision-contracts-and-return-all-funds-at-current-market-prices

Anonymous
to Andy1962 #734645

Same just happened to me, long story short i only got less then a 5th of what i have invested, further more the surrender was 2300$ however looks like i paid over 5500$.

Bunch of thieves im so going after them!

tandem_4x4
to Jihane #1390537

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

tandem_4x4
to Andy1962 #1390536

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

Pissed_Consumer_ITH
to Andy1962 #1534851

Hi Andy, the petition is closed. What was the outcome please ? Was there any legal action taken ?

Anonymous
#685718

What advice can you get from the financial regulator(s) in India? For example, the IRDA has information on its website about regulations for brokers.

Anonymous
to Tom New Delhi, Delhi, India #685720
This was not bought in india and unfortunately they do not have any entity here yet. I already checked with IRDA but they cant help. :(
tandem_4x4
to ashish #1390539

Can you please help and support me to sign petition against Generali and their brokers/agents lack of disclosure:

https://www.change.org/p/channel-island-financial-ombudsman-stop-generali-selling-products-without-full-disclosure

https://www.change.org/p/qatar-financial-center-regulatory-authority-stop-nexus-financial-services-and-other-financial-advisors

Join me on Facebook group created for those who suffered from Generali Vision: https://www.facebook.com/menadodgyadvisors/?ref=aymt_learn_about_boosted_cta_tip

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