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[Resolved]  Oriental Insurance Company — Mediclaim cumulative bonus

I am holding mediclaim policies since 1996 for maximum amount for myself, wife and 2 children and have not made any claims. The accumulated no claim bonus on 2 policies was around the maximum allowed till 2006. from 2007 onwards the cumulative bonus has been withdrawn and the company is not providing reason for this even after an apllication under RTI.
iT SEEMS THE COMPANY WANTS TO cheat its cumstomer out of benefits occuring to them after 10 years and does not want to even reply.
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Aug 14, 2020
Complaint marked as Resolved 
Complaint comments  4 CommentsShareTweet

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i want to ask weather company has stopped providing bonus.if so will chane over to some other company
Co have not provided cummulative bonus. Made it zero in the current renewal and shown it as a new policy.
On query they say that bonus has been withdrawn.
They have not provided any discount either in premium also.
Why cant insurance authority take these as complaint and proceed with Oriental insurance to sort it out
Mediclaim policies suitable for me and my family
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I am also seeking cumulative bonus from Oriental Ins., But co. refused,
when the New India Asurance is giving such benefit,
As both these co. are branches of single system, what IRDA is doing?????

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    Oriental Insurance Company
    Customer Care Service
    Customer satisfaction rating
    22%
    Complaints
    578
    Pending
    0
    Resolved
    130
    Oriental Insurance Company Phone
    +91 11 3320 8485
    +91 11 4365 9595
    Oriental Insurance Company Address
    Oriental House, A-25/27, Asaf Ali Road, New Delhi, Delhi, India - 110002
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