Star Health And Allied Insurance — star health - high increase in premium amount every year

Address: Chandigarh, Punjab, 160022
Website: starhealth.in

Renewal reminder - p/211100/01/2017/000819 - 7

Not happy with the policy. Every year my policy premium increasing
1 year p/211100/01/2016/[protected] + tax = 13367
2 year p/211100/01/2017/[protected] + tax = 15571
3 year p/211100/01/2017/[protected] + tax = 20065 current year not paid because of high increase in premium amount.

Till now without having taken any claim, every year the amount so much increasing without any information.
This act is quite misleading and wrong.
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It happened to me as well. Its been 4th year with Star health family optima insurance (2 Adults & 1 child).
I need to renew the policy by 30th Apr 2018, when i checked the premium amount it is showing it as 7600 without including tax for 3 lakhs coverage.
But i was already in the 4 lakhs coverage till the 3rd year as i did not apply for any claim in 3 years. Not sure why they have hiked the premium to more than 2k without any proper intimation and reduced the coverage to 3 lakshs again.
Thinking to cancel this policy...

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