[Resolved]  Karvy Stock Broking Ltd. — Non Renewal of Family Medical Insurance

Address:

Delhi

Family Health Insurance. Insurer : UNITED INDIA INSURANCE CO., thru : KARVY Stock Broking Ltd., Sector 14, Gurgaon. Contact Region - KARVY - Lucknow. Third Party Administrator : I-Care Health Management & TPA Services P. Ltd.#56 Syndicate Bank Officer's Colony, West Marradpally, Secunderabad - 500026. Insured - Vijay Bedi (ID- ICUI [protected]) and Aruna Bedi (ID - ICUI [protected]).

Our Compaint : First Premium of Rs.14,700/- paid in August 2011 for a five lakh cover under Family Floater Scheme. At time of second premium we started following up. representatives and agents of Karvy were difficult to locate. After persistent follow-up with all numbers available we were told that they no longer have a tie-up with United India Insurance Co., hence there would be further medical cover. We are shocked to hear this. How can a government owned insurance company such fly-by-night agents to sell policies and cheat the public. We are senior citizens and are very aggrieved to find that we have no medical insurance and have in effect lost our hare-earned 15 thousand savings.

Our Medical Cards are attached for information. We would like the matter followed up with all - Karvy, United India Insurance Co. and the I-Care TPA