Complaint Details

Status : Closed Closed
Complaint No
: 0116948/2020
Category : Insurance
Date : 24-05-2020
Subject Line : Policy Discontinuation
     
Complainant : sadananda talukdar
Address : janapath farm gate
     
Complainee : New India Assurance Co Ltd
Address :

 

Complaint Details
I am a senior citizen aged 65+
I am about to turn 66
Last year on March 2019 I bought this PNB New India Assurance health cover for a premium of around 15000 INR covering 700000
But their tie up suddenly vanished and the policy was discontinued after 1 year on April 2020 without any formal intimation
I asked for continuation but the company is not willing to allow me second year benefits with the same premium
They are quoting a much higher premium if I want to migrate to a new policy
Is there any way of getting the same cover with the earlier premium?

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