[Resolved] National Insurance Company — Without intimation premium will be increased every year

ravipudibalakrishna

from Delhi, Delhi

Address:	Guntur, Andhra Pradesh, 522003
Website:	National Insuracne Co Ltd

Dear concern, we have ever year two wheeler premium paid with in time but ever time we will be paid extra premium & collected by national insurance. I asked the details but they dont have any information.
Now i want clarification the premium increased. So, kindly provide the details
Policy no:[protected]
Dated[protected]
Amount paid :899/-
Mobile no: [protected]

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Sep 12, 2016

Complaint marked as Resolved

National Insurance Company customer support has been notified about the posted complaint.

Verified Support

Aug 09, 2016

National Insurance Company Customer Care's response Dear Sir, We thankfully acknowledge your grievance. Due to technical complicacy of grievance redressal, it is very difficult for us to redress grievance in this forum. You are requested to write your grievance at customer.[protected]@nic.co.in You can also directly lodge grievance at nationalinsuranceindia.nic.co.in or igms.irda.gov.in Inconvenience caused is deeply regretted.

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Comments

a muralidhar

from Mumbai, Maharashtra

Dear Sir, We checked the policy. The change in premium is due to increase in Third party premium rates (as prescribed by IRDA) and Increase in Service tax Rates ( as prescribed by Central Government) .. Even though there is a reduction of premium in OD portion (by reduction of IDV from Rs.18000 to Rs.16000) it due to increase in above TP Prm. and Service tax. we charged higher premium comparing to previous years policy.

Hope we clarified.

A Muralidhar, Divisional Manager, [protected]