Life Insurance Corporation of India (LIC) has issued an alert to its prospects to keep away from fraud. According to LIC, prospects are being confused by calling their cell phones and landlines. Some fraudsters name prospects by turning into LIC officers, brokers or insurance coverage regulator IRDA officers. In this name, they exaggerate the advantages associated to insurance coverage coverage. Thus they persuade the client to give up the present coverage.
According to LIC, by surrendering the coverage, an excellent quantity was recovered from some prospects to get higher returns. However, the surrendered quantity by some prospects has been invested elsewhere, making false guarantees. <! –
Thus, coverage holders are being misled by turning into representatives of the corporate.
LIC has clearly said within the alert issued by its aspect that the corporate doesn’t counsel surrendering any coverage to its prospects. The firm has appealed to the shoppers to not attend telephone calls from these unconfirmed numbers. LIC has steered prospects to register their coverage on LIC's official web site and get all the knowledge there.
Apart from this, LIC has requested its prospects to handle many issues. The firm stated that they need to purchase the coverage solely from an agent who has a license issued by IRDA or an ID card issued by LIC.
Apart from this, if any buyer receives any deceptive calls, they’ll file a criticism by emailing co_crm_fb @ licindia. Customers have the choice to go to LIC web site and take particulars of the Grevens Redressal Officer.