Dear sir, life Insurance Policy was issued from Paramecia Life insurance. We paid premium for year 2019-22 . Now we do not have fund to continue this policy as premium amount is huge and difficult to arrange from anywhere. My husband is student and I m not earning enough that I can pay this . I had informed Insurance company to discontinue or cancel this policy but they are forcing to continue. They are not understanding my situation. I have registered my complaints in their office and asked to discontinue as we are ready bare the lose. I am having our own life insurance covered by my employer. I really dont have fund to continue this kindly help
A.Hi,
They cannot force you to continue paying. If they keep harassing you, you can file a complaint with the police and have an injunction passed against them.
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A.Hi,
They cannot force you to continue paying them. You can approach the Court to get an injunction preventing them from contacting you.
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Dear client, withour directly resorting to the complaint on the insurance company try to re-inititate the claim process and talk to them and submit the required documents. Even then if there is no cla...
Dear Client,
In the given situation, bring the matter to the notice of the Grievance Cell of the concerned Insurance Company endorsing a copy to the insurance regulatory authority, IRDIA. In case, no...
Dear Client,
Pre-existing diseases (PED) are mostly expensive to treat as they are chronic in nature. Unfortunately, most health insurance plans cover pre-existing diseases after a waiting period of 2...
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LIFE INSUARANCE COMPANY FORCING TO PAY PREMIUM
Regarding insurance claim rejection
