Mis-selling of Insurance Policy
Mis- Selling of Insurance Policy ?
Are You a Victim of Mis Selling of Insurance Policy ??
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What is Mis-selling of Insurance?
Mis-selling of insurance occurs when a customer is misled into purchasing insurance coverage based on false promises. This often happens when the insurance coverage lacks the features that were originally sold to the customer. While this is indeed a disappointing and unfortunate reality, it’s important to know that you are not alone in the fight against fraud and insurance mis-selling. We are here to support you in addressing these issues and seeking justice.
Insurance mis-selling can take various forms, including:
Recommending insurance policies that are not suitable for the customer's needs or financial situation.
Exaggerating the benefits or coverage of an insurance policy to make it seem more attractive than it actually is.
Downplaying the risks associated with an insurance policy or failing to disclose important information about potential drawbacks.
Failing to disclose all fees and charges associated with an insurance policy, leading to unexpected costs for the policyholder.
Failing to inform the customer about specific exclusions or limitations of coverage that may affect their ability to make a claim.
Using aggressive sales tactics or undue pressure to persuade customers to purchase insurance policies they may not need or want.
Providing inaccurate or misleading information about the terms and conditions of an insurance policy to make it appear more favorable to the customer.
Falsifying signatures or documents to enroll customers in insurance policies without their knowledge or consent.
Encouraging customers to cancel existing insurance policies and purchase new ones unnecessarily, often for the purpose of generating commissions.
Not providing customers with sufficient information about the features, benefits, and risks of an insurance policy to make an informed decision.