ICICI LOMBARD/ HEALTH INSURANCE
CANCELLATION OF POLICY

Dear Sir,

I purchased Health Insurance policy from ICICI LOMBARD, for my father, on phone. I already have policy on the name of my mother from same company. At the time of purchase of policy the Sales Executive of Company told that its same policy which you purchased for your mother. But today when I received policy document, some difference found regarding renewal of policy.

As per new clause if you make claim during insured period then premium increase by up to 75%. As its too harsh for customer, I request for cancellation but they said for that 25% of premium amount deducted by way of cancellation charges if we cancel during first 30days of insured period. When i argued about that same fact not disclosed at the time of purchase of policy, but they deny all arguments.

I want to cancel policy but without any charges because they not disclosed fact.

Please guide me what should I do in this matters.

details about my policy as follows:

NAME OF INSURANCE COMPANY: ICICI LOMBARD

POLICY NO: 4034i/FFH/W-1271549/00/000

NAME OF PROPOSER: KAUTIK NAGAR

INSURED PERSON: INDRAVADAN BANDHARA

DATE OF POLICY: 29th OCTOBER

MOBILE NO: 919824277399

KAUTIK NAGAR