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Insurane premium
This is a discussion on Insurane premium within the Chit Chat forums, part of the Offbeat Lounge category; Hi everybody , I am Manohar , working as Chief engineer in Malaysian offshore ,native of chennai . Recently i have taken a term insurance policy with MAXNEWYORK company . ...
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#1
09-02-2008, 03:39 PM
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Hi everybody , I am Manohar , working as Chief engineer in Malaysian offshore ,native of chennai . Recently i have taken a term insurance policy with MAXNEWYORK company . The premium was about Rs 11300 (annual for 20 lakhs cover)) initially and now they are demanding additional 2000 rs to get cover . When approached the agent / Manager , he replys it is underwriters counter offer and the reasons for the hike in premium will not be reaveled . Is it possible to get the full information regarding the premium hike . Please advice . Thanking you all . Manohar      |
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#2
09-02-2008, 05:30 PM
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Dear Monohar, Make a call to customer care of MAXNEWYORK company probably they can explain the reason for the hike in the premium, if you are not satisfied with the reasons given to you by the MAXNEWYORK company you can write to Insurance Ombudsman Office of the Insurance Ombudsman Fatima Akhtar Court , 4 th floor, 453 (old 312) Anna Salai, Teynampet, CHENNAI – 600 018 Tel. 044-24333678 Fax: 044-24333664 E-mail: insombud@md4.vsnl.net.in Iam sure the ombusdman will respond to your query positively
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#3
09-02-2008, 06:04 PM
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As this is not an RTI issue, the thread stands closed for further discussions. For help on non-RTI matters, kindly visit our sister-portal www.bighelpers.org
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