^“सेवा, सुरक्षा और समाधान^”

Mis-Selling/Fraud

When an insurance policy is sold to the customer with false promises, it is known as misselling or Insurance fraud. Mis-selling of insurance policy occurs when insurance agents, driven by unethical motives, misrepresent or manipulate the policy, sell insurance from non-existent companies or fail to submit the premium plans. These actions not only betray the trust of customers but also tarnish the reputation of the insurance industry. Through our comprehensive resources and expert guidance, we strive to fight on your side and safeguard clients from falling victim to insurance fraud. Explore our range of insurance solutions for insights necessary to make informed decisions.

HOW TO KNOW IF YOU ARE A VICTIM OF MIS-SELLING ?

Have you been sold a regular premium plan under the garb of a single premium plan?
Are you paying premiums beyond your financial capacity?
Are you stuck with unsuitable insurance plans?
Are you unaware of the product fine prints?
Are you a victim of forgery and tampering of your proposal form?
Have you been sold insurance policy in the name of fixed deposits, mutual funds etc?
Have you been forced into buying insurance policy to get a loan sanction?

Has anyone sold you an insurance policy against the following promises:

3 saal main paisa double.
Offer of getting back fund stuck in policies.
Opening ATM or putting up a telecom tower etc.
Spurious to Fake calls, easier to understand for a layman.

If the answer is “YES” then you are entitled to get justice, and we may be able to help.

Frequently Asked Questions

How can Bima Seva Kendra help me with Mis-selling Or fraud?

Bima Seva Kendra can help identify the issue within your specific case and advocate for you in front of the insurance company or the court if necessary.

How do I ascertain if my case is of mis-selling?

Mis-sold insurance policies often include incorrect information about the policy benefits or hidden terms that were not disclosed at the time of purchase.

The blog section and “did you know” section of our website have ample material concerning mis-selling and other topics for your research purposes

What can I do if I suspect mis-selling of an insurance policy?

Any suspicion of potential mis-selling of insurance policy demands a quick response. Contact a Subject Matter Expert such as Bima Seva Kendra to report the mis-sold insurance policies and ask for a resolution.

Can I cancel a mis-sold insurance policy?

Yes, you can cancel a mis-sold insurance policy by contacting the insurance company and explaining the situation. Provide evidence of the mis-selling of insurance policy and then one can request refunds for the premiums paid.

If the company does not cooperate, file a complaint about insurance company or seek help from a Subject matter expert specializing in mis-sold insurance policies.

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“ सेवा, सुरक्षा और समाधान ”