Andhra Bank — arogyadaan policy premium regarding.
Kanayannur, Kochi, Kerala, India
MuMurugesan62 on Jun 8, 2019
I have an Arogyadaan health Insurance policy for me and my wife for Rs. 5 lakhs.The policy is taken through Andhra bank, where we have a savings bank account. The policy is taken more than 20 years back and we have been paying the premium regularly for the last 20years. At the beginning the premium was around Rs 5000 per annum. I have paid around Rs13, 000 as premium for the insured amount 0f 8 lakhs including super top up of Rs 3 lakhs. I have just received a message on 6th june saying the premium has bees increased to Rs 53, 918/. The polcy expires on 8th June. Is it fair to increase the premium all of a sudden in 5 multiples without previous information and inform the client through sms message.
[Jun 08, 2019] Andhra Bank customer support has been notified about the posted complaint.
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