The New India Assurance Company Limited, Vadodara Complaint – Cancellation Of Motor Policy No.22150031150100004168

Subject: Cancellation of Motor Policy No.22150031150100004168
My Complaint Against: The New India Assurance Company Limited, Vadodara
Complaint Category: Insurance Companies
Claim Amount (Approx.): 2460
My Complaint Description:
I cancelled my Motor Vehicle Policy, which was with The New India Assurance Co. Vadodara by giving a written application on 01-11-2015. The renewal date of my motor policy was 15-11-2015. So I applied for cancellation well before the cover starts. I sold my motor vehicle to M/s Down Town Pvt. Ltd,(Dealer for Hyundai Motors India ) in exchange of a new vehicle, and a letter from M/s Down Town on their letter head is already submitted stating that the said car is still not resold. Now The New India wanted insurance policy of the same vehicle which is not sold and cancellation was made well before the risk for the year 2015-16 starts. The premium refunded is Rs.1519.00 But the premium paid was Rs.3979.00.
Dineshchandra G. Desai
Motor Policy No. 22150031150100004168,
Mobile No. 09426512869, e-mail- [email protected]

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