According to a report by the Insurance Regulatory and Development Authority of India (IRDAI), fake insurance worth Rs 113 crore has been done in the country in the last 3 years. About which two wheeler and four wheeler owners do not know yet.
These days the cases of fake insurance of two wheeler and four wheeler are increasing rapidly in the country.
According to a report by the Insurance Regulatory and Development Authority of India (IRDAI), fake insurance worth Rs 113 crore has been done in the country in the last 3 years. About which two wheeler and four wheeler owners do not know yet.
If you have also recently insured your vehicle. So you must check your insurance once. Because it may be that the insurance of your vehicle is also fake. Let us know how fraudsters make fake insurance and you can check your insurance like this.
How to do fake insurance –
Many times you get a phone call from unknown number and from the other side you are told that their insurance company is insuring two wheeler and four wheeler at a low price under the offer.
In such a situation, when you get 25 or 40 percent cheaper insurance than the market price. So you quickly transfer money to the fake insurance company. Many times it also happens that you get insurance first and you transfer money later.
When it comes to know that the insurance is fake –
Whenever there is an accident of your car or two wheeler and your vehicle gets damaged. After that when you claim for insurance.
Then you come to know that your insurance is fake. In such a situation, you may also have to face big problems at times.
In this way, know whether the insurance is real or fake –
IRDAI has also issued some guidelines to avoid this ongoing fraud in vehicle insurance.
By taking care of which people can avoid this type of fraud. by IRDAI www. A website named policyholder.gov.in has also been started. Where you can avoid fraud by taking information
. Which insurance company are you getting the vehicle insured from? It is mandatory for him to be registered with IRDAI
. In such a situation, first of all you can check the name of the insurance company by visiting the website of IRDAI whether there is any company with the said name or not. If not, don’t get insured by mistake.
Each insurance company is assigned a Unique Identification Number (UID) by IRDAI. Which also remains in your insurance policy. If your policy does not have UID then it means that policy is fake. You can also complain about this to IRDAI with the police.