[Resolved]  Aegon Religare Health Insurance — Misleading Health Policy - Fraud company

Address:Bangalore, Karnataka

Last December I was enquiring for a health Policy and was interested in the hnealth policy offered by Aegon religare. Once I said that I was interested, I got ovr a dozen calls . Now yesterday I had claimed hospitalisation and treatment charges they tell me that they have prefixed amounts for various illness and surgeries and will pay a lumpsum amount as per their rates. If the expenses are more than their predefined rates, the same will have to be borne by the customer.

Anybody having plans to take their health policy , BEWARE, an abo[censored]e bunch of frauds are running this operation. You get to experience this only when you land with a treatment or surgery . Till then everything seems to be fine .Iam told by their Senior that they are also not regulated with IRDA and hence all their ground operations are done by a lousy Paramount Health Services which is absolutely unprofessional .

I have had a very bad experience and I suggest all to avoid this fraud health insurance benefit policy ..

Danny
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Aug 13, 2020
Complaint marked as Resolved 
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Dear Danny,

I have doubts on your complaint.

#1. Its Religare Health Insurance Co. Ltd. and not Aegon Religare Health Insurance. Aegon Religare is a life insurance company.

#2. All retail policies of Religare Health Insurance Co. polices are managed by In-house TPA and not by Paramount or any other third party administrator since the inception of the company.

#3. Without license from IRDA no insurance company can operate hence your seniors have misguided you that its not regulated.

I suggest you reach to the insurance ombudsman who's contact details are given in all copies of insurance policies and you would get your complaint resolved.
Religare health insurance is fraud. even i was asked and convinced to buy the policy online. Even after knowing about my underwriting I was forced to buy the policy & as soon as i paid the money I got a call & my money was refund after cutting Rs.825.00 from it without reason. No medical test was conducted nothing. They follow cheap tricks to fool consumers.

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