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HomeFinancePlanning to buy vehicle insurance? Beware of this latest fraud!

Planning to buy vehicle insurance? Beware of this latest fraud!

If you are intending to purchase an insurance contract for your vehicle, this report will be of huge worth to you. The Mumbai wrongdoing branch has caught three people for supposedly doing four wheeler and three-wheeler engine insurance contracts in the name of two wheelers.

In case you are wanting to purchase an insurance policy for your vehicle, this report will be of massive worth to you. The Mumbai wrongdoing branch has caught three people for purportedly doing four wheeler and three-wheeler engine insurance contracts for the sake of bikes.

The charged were sly to such an extent that they use to


In case of third party insurance, the insurance agency don’t confirm the subtleties of vehicles. The blamed took advantage for this.

The extortion was found when insurance company TATA AIG checked the approach and observed that the strategy was made falsely. Every one of the arrangements contained same versatile numbers and the insurance contracts were made for four and three wheelers while the subtleties were taken from bikes.

Finding this, the organization was dubious of the movement and held up a grumbling with the police.

The police has said that equivalent number was placed in every one of the arrangements so that any call connected with the various polices could be tended to through one number and dealing with the situation would be simple.

The insurance agency has informed about these indecencies to the Mumbai police. Taking discernment of the grievance, the police seized the blamed on the reason for email ids and telephone numbers.

The police has tracked down arrangements worth over Rs 1.5 cr. The police has said that a lot more captures could made proceed.

  • In case you are wanting to do an insurance of your vehicle, be ready
  • Polices for four and three wheelers have ben done by utilizing subtleties of bikes
  • Mumbai wrongdoing branch has captured three blamed for this situation.
  • The blamed use to make third party insurance of the clients
  • All policies contained same mobile number
  • All policies contained were made falsely.
  • The police has captured the blamed on the reason for email ids and telephone numbers.
  • Till now policies worth Rs 1.5 cr have been tracked down in the examination.
  • More individuals could be caught regarding this.

Source

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