Mis-selling of Insurance Policy
Mis-selling of insurance policies includes a misrepresentation of the terms and conditions of the policy, fake benefits, free gifts, bonus money, free prize, no-interest loan, etc. The policy issued on the basis of false/fake promises falls under the category of Mis-selling. This is a very common practice done by agents/ Brokers/ web- aggregators/tele-callers to sell their policies and get their fixed commission. If you are also the victim of such a practice don’t worry, we have experienced professionals to settle down your issue as we already successfully worked for more than 5000 clients and brought happiness to their faces by getting refunds of their hard-earned money.
A brief glance that how an insurance policy can be mis-sold to you:
- Promising interest-free loan on a mortgage of insurance policy.
- Promise of free health insurance cards & Mediclaim worth of lacs.
- Senior citizens sold a high-value policy with the promise of regular income & pensionary benefits etc.
- Huge bonus declared on lapse policy and the same can be claimed.
- On the pretext of lapsed policy benefits is going into the account of Agent.
- Sold as a Fixed deposit in Bank.
- Commission on your policy which can be given to you if you are not happy with your agent’s service.
- Promise of Tower Installation.
- Promise of coal allocation.
- Promise of high return than the fixed deposit of Bank.
- Lucrative scheme.
- Representing themselves as officers of RBI, IRDAI, Insurance Ombudsman, Ministry of finance, etc.
- On the pretext of insuring the tower and deceivingly issued a life insurance policy.
- Prize winning scheme ends with an insurance policy.
- On the Pretext of opening an account to transfer money.
- Zero Percent interest loan and the same would be repaid in the installment.
- Taking money as installment of previous policy and issuing new policy deceivingly.
Have you felt dissatisfied with the policy you purchased or feel that you were scammed?
We are here to serve you in your hardest time and would strive to bring your money back from the clutches of fraudsters as we successfully brought justice to our more than 6000 insurance fraud victims
