Pune insurance policy scam case explained (dos and do’ts) | News of the need- Fraud of crores in the name of insurance: Do not get caught in the trap of fraud company and agent, keep these things in mind while taking policy

Maharashtra A new case of cyber fraud has come to light in K Pune, where a 61 -year -old 61 -year -old was cheated by a retired bank manager in the name of insurance policy. This fraud lasted for several months, not a day or two. The thugs first described themselves as a government official and later forced the victim to buy several policy by luring high maturity benefits.

In today’s era, insurance has become very important for financial security. Through insurance, people want to collect a large amount by making small savings.

However, today there are dozens of insurance companies in the market. Because of this it is difficult to decide which insurance company or policy is correct. In this, people can be a victim of insurance scam due to little carelessness.

So let’s today News of the need I will talk about what is insurance scam? Will also know that-

Expert: Pawan Duggal, Cyber ​​Expert, New Delhi

Question- What is an insurance scam? answer- This scam is done by fake insurance company, agents or middlemen. The first scammer gives greed for returns many times more than market rates. That is why people get caught in their bluff and buy insurance policy. This scam is carried out so cleanly that for a long time people do not even feel the scam. They constantly fill their insurance installments. The scam is detected when the return time is completed.

Question- How did the retired bank manager of Pune fall victim to this insurance scam? answer- The scam began at the end of 2023 and lasted for several months. The scammers first approached the victim woman and described themselves as representatives of large government organizations like Indian Insurance Regulatory and Development Authority (IRDAI) and National Payment Corporation (NPCI). The scammers informed the victim about the insurance policy and also gave several offers. The victim came under the guise of scammers and bought several insurance policy. After this, the scammers made several payments with the victim in the name of GST, TDS, processing fees and verification charges.

Scammers used 19 different identity to carry out this fraud. Meanwhile, when the victim had any doubt about the insurance policy, scammers would warn of drowning and heavy losses. In this way, the victim transferred money online to several fake bank accounts claiming the account of the insurance company and also made cash payment.

Question- What kind of frauds are there in the name of insurance policy? answer- The fraudsters sell online fake policy through phone or email to cheat people. At the same time, insurance agents sometimes sell policy to people by giving misinformation about coverage, benefits and premiums. After the completion of such a policy, the policyholder does not get any benefit.

Apart from this, some insurance agents collect the premium from customers, but do not submit to the company. Such fraud cases are most seen. There are some other methods associated with insurance fraud. Understand it from graphic below-

Question- How can you avoid fraud related to insurance? answer- There is a need to be alert before taking any kind of insurance. If you are buying an online policy, read its terms and conditions carefully. At the same time, check their credibility before purchasing insurance from the agent or broker. Do not rely on calls or emails coming from unknown numbers. No insurance company demands bank details by phone or email. Always contact the company’s official website or authorized branch for insurance. This is the safest way to buy insurance policy.

Question- What should be kept in mind while purchasing insurance policy? answer- Understand from the points below, what is important to take care of what before purchasing insurance policy.

Keep all these aspects in mind and buy the right insurance policy, so that there is no problem in future.

………… ……. read this news related to scam too … The news of the need- Fraud in the name of Mudra Loan Scheme: Government never gives a loan by calling itself

In the name of Mudra loan in Lucknow, the capital of Uttar Pradesh, a young man became a victim of cyber fraud. The young man applied for online Mudra loan. Incidents of such cyber fraud are increasing. There is a need to be cautious with low interest rates and early loans. Read full news …

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