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.
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.
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 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
Same Story with my Medi-claim as well...Even i have mediclaim and now they says the hospital is black listed...Can someone tell me how can i pull these pan card club to court...and whom should i contact.. i want to fight back i am not going to leave it with the annexures A
pancard company gives u free medi-claim & adic if u 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.
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...