[Resolved]  Policy Bazaar — delay in refund

Website:www.policybazaar.com

I signed up for an online health insurance policy on 2nd april 2018. After making the payment, they send me an email about the next steps which included medical examination. Since i am outside india and not available for medical examination, i lodged a cancellation request and request for refund on the very same day.

Their customer care ignores my refund request (Which i lodged couple of times through their website) and instead sends me a reminder email for medical examination every day.

Proposal e-quote number:[protected], dated 02-apr-2018
Cancellation requested #pb51409334 dated 02-apr-2018
Another cancellation request #pb61369755 dated 02-apr-2018
Another cancellation request #pb53037716 dated 09-apr-2018
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May 3, 2018
Complaint marked as Resolved 
They sent me an email confirming the refund and also made the refund in the bank account.
Policy Bazaar customer support has been notified about the posted complaint.
Verified Support
Apr 12, 2018
Policy Bazaar Customer Care's response
Dear Rahul,

Greetings from Policybazaar.com!

Thank you for alerting us with your concern.

We are really sorry for the inconvenience caused to you.

We tried to reach you on your registered mobile number ending with @2355, to discuss about your Aegon iTerm: Aegon iTerm (Application Number:[protected] insurance policy. However the calls were unanswered.

Kindly provide us an alternate number and a suitable time to connect with you.

In case you need any further assistance or clarification, please feel free to mail us back or call us on our toll free number[protected].

Thanks & Regards,
Sameer Sharma
PolicyBazaar.com
Apr 13, 2018
Updated by Rahul Batheja
You can reach me on +[protected]. However, I dont think a discussion on call will help as medical examination is mandatory for the policy I paid for, and I am not available in India for this. Thats why I requested for cancellation and the reason was clearly provided in my request. Policy bazaar cannot hold back my cancellation request with this excuse of not being able to reach on phone.

Please cancel my order and the earliest and refund the amount.
Verified Support
Apr 15, 2018
Policy Bazaar Customer Care's response
Dear Rahul,

Greetings from Policybazaar.com!

Please be informed that we have already forwarded your cancellation request to the Insurer.

Further, we are constantly following with he Insurer regarding cancellation status.

As soon as we receive any update from the Insurer, we will inform you the same.

In case you need any further assistance or clarification, please feel free to mail us back or call us on our toll free number[protected].

Thanks & Regards,
Sameer Sharma
PolicyBazaar.com
Verified Support
Apr 19, 2018
Policy Bazaar Customer Care's response
Dear Rahul,

Greetings from Policybazaar.com!

Thank you for alerting us with your concern.

As per the update received from the Insurer, we would like to inform you that your Aegon term proposal has been cancelled.

Further, you will be receiving your refund in the source account in next 10 - 12 working days till 4th May.

We request you to kindly elaborate your above mentioned concern at "[protected]@policybazaar.com".

In case you need any further assistance or clarification, please feel free to mail us back or call us on our toll free number[protected].

Thanks & Regards,
Sameer Sharma
PolicyBazaar.com
Complaint comments 

Comments

As per policy bazaar statement I don’t have to pay extra EMI so my eMi per month should be 1002 but I’m getting 1348 for the past four months !!!

For 12032 im paying for 16400 INR, which is not in the policy . Kindly refund the deducted amount and Make sure this is not happening in future months

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