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The exponential growth of the number of fraud cases is concerning since there is a high chance of getting duped than being killed. The extended amount of loss suffered by the\u00a0insurance\u00a0sector just for the sole reason fraudsters is very evident with the loss of more than Rs 30,000 crore\/annum. An investigation has also stated that the\u00a0insurance\u00a0agency is single-handedly losing capital and assets for this very reason.<\/p>\n
Most of the\u00a0insurance\u00a0cases occur mainly due\u00a0to\u00a0the various false claims, and as for other instances, the policy\u00a0that you have brought might end up being\u00a0fake.<\/p>\n
It often so happens while getting an\u00a0auto\u00a0insurance policy\u00a0where people get alluring claims and gets involved in giving money\u00a0to\u00a0fraudsters. It is indeed a very disappointing situation when the consumers get\u00a0to\u00a0realize that the\u00a0policy\u00a0they have bought is not original.<\/p>\n
To\u00a0avoid such instances, one can follow these tips noted down below.<\/p>\n
Be in touch with your Insurer<\/strong><\/p>\n After getting\u00a0the policy, contact\u00a0the insurer or email\u00a0to\u00a0them. And in any case, either of them is not working out; do drop by\u00a0your\u00a0nearest branch office\u00a0to\u00a0further proceed with the authentication.<\/p>\n Always ask for the Receipt<\/strong><\/p>\n Insist the agent on providing you with a receipt. Some companies offer separate payment along with the policy\u00a0of course. Do check up on the details written on the receipt. And know that the validity of the document will always rely on the validity of the\u00a0policy.<\/p>\n Signature required on the proposal form<\/strong><\/p>\n Always be sure\u00a0to\u00a0sign it by yourself and avoid the plan which might seem ambiguous on this part. You can always cross check the terms and conditions along with the specs of\u00a0the vehicle.<\/p>\n You can relax once you have followed these above steps, even though it is always a better idea\u00a0to\u00a0get the insurance\u00a0done at respective bank branches where there are no chances of getting duped.<\/em><\/p>\n \u200c<\/p>\n","protected":false},"excerpt":{"rendered":" The exponential growth of the number of fraud cases is concerning since there is a high chance of getting duped than being killed. The extended amount of loss suffered by the\u00a0insurance\u00a0sector just for the sole reason fraudsters is very evident with the loss of more than Rs 30,000 crore\/annum. An investigation has also stated that … <\/p>\n