[Resolved] Pancard Club Ltd — fraud in mediclaim benefits and deposit taken | |||
I have invetsed Rs.35,000 in pan card club which suppose to give me Rs.100,000 at the end of 9 years with mediclaim benefit of Rs.35,000 every year with insurance cover from The New India Assurance Co Ltd. After 1 year when I submitted my claim for mediclaim, pan card club agent filled form of HDFC ergo from me by telling me that they have taken new policy now onward from hdfc and later on hdfc ergo refuses my claim by stating that hospital is not included in some annexure A of their policy so they will not settle my claim. So Pan card club neither inform us about new policies nor giving my full deposit money now as I have to pay my debt which I have taken for my hospital expenses. Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 56 Comments | |||
Comments
my self bhaskar kumar barik, at-cuttack, odisha, [protected], it is may be positive or negative think him self.
Reply
sahara t.v. — cashless mediclaim
I madhu saluja jaiswal working with sahara news channel dhs no DHSo9Z051522;my doughter is suffering from dehidration admit at kailash hospital noida i have applied for claim through kailash hospital but claim was refused by insurence company without any satisfactory reason.I am continously paying my premium for last two years without fail. This was my frist claim in two years.
Now i am feeling betrayed.
Regards,
Madhu
ITS A AGENTS FAULT, AGENT SHOULD BE INFORM TO YOU TIME TO TIME, ACTUALY COMPANY HAS SETTLED THE CLIAM FROM INSURANCE COMPANY WITHIN 15 TO 30 DAYS.
Firs of all you need to enquire all the rules and regulation regarding policies. And there is actually a annexture book which has shown the black listed hospitals & nursing home name .Where you should not go for medical.
Pancard clubs limited already published the black listed hospital list book, so policy holder senior team has to take care of information provision to client in detail.
They have to refer only the Latest published book of company not refer to any other ( prototype copy ) because i seen lot of print mistake in other books.
Also in company book they have mentioned in details of disease & amount list.
So before posting any comment from any one it has to confirm the things.
They have to refer only the Latest published book of company not refer to any other ( prototype copy ) because i seen lot of print mistake in other books.
Also in company book they have mentioned in details of disease & amount list.
So before posting any comment from any one it has to confirm the things.
PanCard club is not insurance company it has a tieup with the Insurance provider under Group insurance.Also PanCard club scheme is not an Investment it is purely a money circulating scheme which is currently investigated by RBI & SEBI & I fear it will come out as a biggest fraud ever.Pl.check the following links
http://in.finance.yahoo.com/news/Scam-around-corner-yahoofinancein-[protected].h...⇄ http://www.sebi.gov.in/sebiweb/home/detail/14442/new/PR---Pancard-Clubs-Limited
http://in.finance.yahoo.com/news/Scam-around-corner-yahoofinancein-[protected].h...⇄ http://www.sebi.gov.in/sebiweb/home/detail/14442/new/PR---Pancard-Clubs-Limited
The term agreed by you & the company mutually was for 9 years. So there is no point of in arguing that company is not giving your deposit back before agreed term.
by seeing all the complaints, i think that there might be the agent's mistake. But, in every case this maynot be possible. so i neither agree nor disagree... Hope all other like my comment. :) :(
i don't know about it, can you guide me actual this company being worked or not,
contact no:[protected]
contact no:[protected]
pancard company gives u free medi-claim & adic i[censored] r a member
pancard clubs give group insurance policy, pancard clubs pay premium to other company (new india, national insurance, oriential insurance, hdfc ergo)for group insurance of his members.
pancard renew his premium every dec. in this case when ajay chavan take membership club pay premium to new india assurance but when he admited in hospital after 1 club renew his policy with HDFC ERGO.
pancard clubs give group insurance policy, pancard clubs pay premium to other company (new india, national insurance, oriential insurance, hdfc ergo)for group insurance of his members.
pancard renew his premium every dec. in this case when ajay chavan take membership club pay premium to new india assurance but when he admited in hospital after 1 club renew his policy with HDFC ERGO.
For mediclaim intimation letter is must within a 7 days from member admit date with folio no. members name, name of diseases, hospital/ nursing home name and address to pancard clubs ltd office...
but first take black listed hospital list book from ur pancard clubs agent or ur nearest pancard clubs ltd office of Rs 5...
but first take black listed hospital list book from ur pancard clubs agent or ur nearest pancard clubs ltd office of Rs 5...
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111-113, Kaliyandas Udyog Bhavan, Prabhadevi, Mumbai, Maharashtra, India - 400025
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