General insurance 3 dangers of buying fake insurance policy

[Wisdom01]

That is why before signing up on any insurance policy ,make sure you make proper research about the policy so you don't buy a fake one , and also ask relevant question from the broker , before making any proper and suitable decision to buy a policy ,so you don't get scammed

 

[Augusta]

We should simply be wary of fake insurance policy because they are ripping off at last. Imagine the heart break that comes from it, after years of spending money we laboured for, then when it comes to reaping from it at the later stages, it turns out to be futile due to fake policy plan.

This is why one need to be careful when buying the policy to avoid scammers and imposters. They are so many of them out there that do not take that you are wasting your hard earned money. It is better to register with insurance company with physical office online to be sure they exist

 

[sincerem]

We should simply be wary of fake insurance policy because they are ripping off at last. Imagine the heart break that comes from it, after years of spending money we laboured for, then when it comes to reaping from it at the later stages, it turns out to be futile due to fake policy plan.

 

[Augusta]

A lot of people have fallen into buying fake insurance scheme due to their carelessness and not trying to get the right information about the policy they want to venture into.There are a lot of fake insurance company going about deceiving people to invest in their system and you will be given document which is not genuine.

Well scammers will always want to make brisk money so they can do anything to get this money bei it is up to people to be careful to avoid getting trap into what they will lose their money. So for insurance it is good to detect the fake companies and stay away from them to avoid stories

 

[Good luck]

A lot of people have fallen into buying fake insurance scheme due to their carelessness and not trying to get the right information about the policy they want to venture into.There are a lot of fake insurance company going about deceiving people to invest in their system and you will be given document which is not genuine.

 

[Augusta]

There are various dangers involved in buying a fake insurance. If you ask me, it could lead you to being penalized if care is not taken. You could even lead to jail in the sense that it could make the law enforcement agency to think of you as a criminal

Definitely that will seems that one is aiding and abetting criminal activities knowingly whereas you need have the prior knowledge that they are mere scammers. So this will be like getting self into a bad situation with ones hard earned money. So the best bet is to get into only legit company or contact a broker for help

 

[Augusta]

This is one of the reasons it is very important for people to have proper knowledge and understanding of insurance before venturing into it. It is also very important to hire a trusted agent in the business if you really want to get the best deals but that would cost money definitely.

People need to come to terms with this that you don't just start what you do not understand or have a good working of it. If you need to start a policy with the insurance company then it is better to get a broker. They are experts and will be in a better position to help one out better

 

[Chibson]

This is one of the reasons it is very important for people to have proper knowledge and understanding of insurance before venturing into it. It is also very important to hire a trusted agent in the business if you really want to get the best deals but that would cost money definitely.

 

[Mandy96]

There are various dangers involved in buying a fake insurance. If you ask me, it could lead you to being penalized if care is not taken. You could even lead to jail in the sense that it could make the law enforcement agency to think of you as a criminal

 

[Abigael]

Those are really devastating dangers that come with using a fake insurance policy. It will truly end up costing you alot. So I truly agree with you that one should really be careful when choosing an insurance policy. It is best to do your own due research really well before you start contributing to an insurance plan.

 

[Augusta]

The truth is that you would fall a victim to fake insurance policy selling scam if you don't carry out due process before buying an insurance policy. And this kind of mistake come with a high risk or danger. The three outstanding dangers are;

You would be throwing away your hard earned money. In the long run you have no insurance converage so if anything goes wrong in the future, you can't be compensated because the policy was a fake one

You would get into problems with the police if you are driving with a fake car insurance. You might be made to pay heavily for this mistake you never envisaged.. Your license can even be seized.

You might end up paying a higher premium when you later get the real policy because of the period you were using the fake one which gave you no converage

What's your thoughts?

 

[Setho]

A lot of people are now coming into the light about insurance covers and how it can actually help them in various ways and so has come as to who are trying to deceive gullible people. It is very important that you should seek insurance preferably from your bank and if you cannot then you should seek only insurance companies that are registered with the government.

 

[Alexandoy]

I have not heard of a scamming insurance agent that sells fake insurance coverage. But I believe that there might be such a scammer here. However, we never trust an insurance company unless it is big and it has been tested by time. Our insurer is the affiliate of the biggest bank here so we have peace of mind that they would be fair in their dealings with their clients.

 

[Augusta]

Buying fake insurance policy is the silliest mistake one could ever dream of making. First, the person will lose his premium with the insurance company, must face law enforcement agents and other stressful things that may even cause trauma. That is why it is always important to take one's time while looking for insurance company.

Definitely, getting a fake insurance whether Knowingly or not comes with it's consequences. So to avoid future stress because it can really stressful when it comes up in the future, it will be better to shop around for a better insurance company even if it will cost more money. One should pay and be sure he or she isn't dealing with a fake

 

[btaliat]

Buying fake insurance policy is the silliest mistake one could ever dream of making. First, the person will lose his premium with the insurance company, must face law enforcement agents and other stressful things that may even cause trauma. That is why it is always important to take one's time while looking for insurance company.

 

[Augusta]

If you end up buying a fake insurance policy, there is no one to blame but you. You need to do a lot of research before you buy an insurance policy. You will have to see whether the insurance company actually exists or not, when you are sending money, you need to check whether you are sending it to a legal business entity or not.

I think some of these things just need us using our common sense. Like what you just listed out there we don't need to be told. When once we have a project to carry out we need to first take a look and be sure it is a real business and that such exist to avoid being scam

 

[Augusta]

You are right. It is very important to take good research on any insurance one want to invest in. Since we all know that no matter how good some insurance company are; will still have some insurance company that are fake in which somebody need to be very careful while taken step of insuring ones prop

Yeah just like there are genuine businesses out there, they are also the fake ones. And the insurance company isn't an exca poeption. This is why it is pertinent that one ne very careful when trying to buy policy. This is done in a bid not to get police problem at all

 

[Mika]

If you end up buying a fake insurance policy, there is no one to blame but you. You need to do a lot of research before you buy an insurance policy. You will have to see whether the insurance company actually exists or not, when you are sending money, you need to check whether you are sending it to a legal business entity or not.

 

[Mataracy]

You are right. It is very important to take good research on any insurance one want to invest in. Since we all know that no matter how good some insurance company are; will still have some insurance company that are fake in which somebody need to be very careful while taken step of insuring ones property.