{"id":1036,"date":"2021-12-14T09:26:09","date_gmt":"2021-12-14T03:56:09","guid":{"rendered":"https:\/\/www.insurancesamadhan.com\/blog\/?p=1036"},"modified":"2021-12-14T09:27:22","modified_gmt":"2021-12-14T03:57:22","slug":"insurance-mis-selling-in-the-name-of-tower-installation","status":"publish","type":"post","link":"http:\/\/www.insurancesamadhan.com\/blog\/insurance-mis-selling-in-the-name-of-tower-installation\/","title":{"rendered":"Insurance mis-selling in the name of Tower installation"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/insurance-mis-selling-in-the-name-of-tower-installation\/#What_went_wrong\" >What went wrong?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/insurance-mis-selling-in-the-name-of-tower-installation\/#What_can_be_done\" >What can be done?<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Insurance mis-selling in the name of Tower installation<\/p>\n\n\n\n<p>You get a call that your area has been selected for installation of Tower and you will get a regular monthly income!! Interesting!!<\/p>\n\n\n\n<p class=\"has-text-align-justify\">There is no investment required just your space and for security\u2019s sake, you need to buy a few insurances policy which is a very small investment considering the long-term monthly income you will be promised.<\/p>\n\n\n\n<p class=\"has-text-align-justify\">The target of such fraud is generally retired people who have a retirement fund and are looking for some regular income for their future. They can also be small-time business people or simple housewives.<\/p>\n\n\n\n<p class=\"has-text-align-justify\">The telecaller will offer you the installation of a Tower in your area. They will show you the documents and will share the requirement of buying an insurance policy for security and mortgage. They will generally talk about the installation of towers for Jio\/Airtel and will sell a Reliance Life Insurance policy.<\/p>\n\n\n\n<p>The telecaller may ask you to buy multiple policies of a few other companies in name of GST and service charges.<\/p>\n\n\n\n<p class=\"has-text-align-justify\">You are excited about the offer and you are told not to share any information with the Insurance company as telecommunication and insurance companies are different<\/p>\n\n\n\n<p class=\"has-text-align-justify\">Expecting a good monthly income, you fell into a trap and agree to what is being told by the telecallers.<\/p>\n\n\n\n<p>After a few months of wait, the tele callers stop taking the calls and now you are in panic<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_went_wrong\"><\/span>What went wrong?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\"><li>You trusted the telecaller and never attempted to call the company directly to check the authenticity<\/li><li>Your insurance company had asked you in the call if there was any allurement for tower installation, you choose to ignore the warning and went ahead with what was tutored by the fraudster.<\/li><li>After receiving the policy pack, you did not read it<\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_can_be_done\"><\/span>What can be done?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\"><li>Immediately approach the company with the complaint letter and share all the proofs of fraud to them<\/li><li>Let the company investigate and ask questions<\/li><li>Participate in the investigation<\/li><li>Do not pay any money in advance to any caller who promises to get your money back<\/li><li>You can reach out to IRDA by filing their complaint form or by calling the customer care<\/li><li>You can reach to the <a href=\"https:\/\/www.insurancesamadhan.com\/blog\/insurance-ombudsman-what-to-expect\/\">Insurance ombudsman<\/a> if you are not satisfied<\/li><li>You can approach the court of law<\/li><\/ol>\n\n\n\n<p>Speed of recognizing the fraud and reporting to the company is important. Do not waste time once you have realized the fraud negotiating with the caller. Reach out to your insurance company<\/p>\n\n\n\n<p>It&#8217;s important to present the facts so that the company can investigate and help you.<\/p>\n\n\n\n<p>To take our help you may reach out to us at <a href=\"http:\/\/www.insurancesamadhan.com\">our website<\/a> or call us at 844-844-0626 or Whatsapp us at <a href=\"https:\/\/wa.me\/7799058555\">7799058555<\/a>, we shall be happy to assist you.<\/p>\n\n\n\n<p>I hope now you know Insurance mis-selling in the name of Tower installation is being done<\/p>\n\n\n\n<!-- Begin Mailchimp Signup Form -->\n<link href=\"\/\/cdn-images.mailchimp.com\/embedcode\/horizontal-slim-10_7.css\" rel=\"stylesheet\" type=\"text\/css\">\n<style type=\"text\/css\">\n\t#mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;}\n\t\/* Add your own Mailchimp form style overrides in your site stylesheet or in this style block.\n\t   We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. *\/\n<\/style>\n<div id=\"mc_embed_signup\">\n<form action=\"https:\/\/insurancesamadhan.us4.list-manage.com\/subscribe\/post?u=d7a4e35f1f6a534b8b3f7c695&amp;id=14c08c2e22\" method=\"post\" id=\"mc-embedded-subscribe-form\" name=\"mc-embedded-subscribe-form\" class=\"validate\" target=\"_blank\" novalidate>\n    <div id=\"mc_embed_signup_scroll\">\n\t<label for=\"mce-EMAIL\">Subscribe to InsuranceSamadhan for articles and great info on insurance products.<\/label>\n\t<input type=\"email\" value=\"\" name=\"EMAIL\" class=\"email\" id=\"mce-EMAIL\" placeholder=\"email address\" required>\n    <!-- real people should not fill this in and expect good things - do not remove this or risk form bot signups-->\n    <div style=\"position: absolute; left: -5000px;\" aria-hidden=\"true\"><input type=\"text\" name=\"b_d7a4e35f1f6a534b8b3f7c695_14c08c2e22\" tabindex=\"-1\" value=\"\"><\/div>\n    <div class=\"clear\"><input type=\"submit\" value=\"Subscribe\" name=\"subscribe\" id=\"mc-embedded-subscribe\" class=\"button\"><\/div>\n    <\/div>\n<\/form>\n<\/div>\n\n<!--End mc_embed_signup-->\n","protected":false},"excerpt":{"rendered":"<p>Insurance mis-selling in the name of Tower installation You get a call that your area has been selected for installation of Tower and you will get a regular monthly income!! Interesting!! There is no investment required just your space and&hellip; <a href=\"http:\/\/www.insurancesamadhan.com\/blog\/insurance-mis-selling-in-the-name-of-tower-installation\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":1037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-1036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance-misselling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Insurance mis-selling in the name of Tower installation<\/title>\n<meta name=\"description\" content=\"You get a call that your area has been selected for installation of Tower and you will get a regular monthly income!! 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Interesting!! There is no investment required just your space and&hellip; Continue Reading &rarr;","amp_enabled":true,"_links":{"self":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/1036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/comments?post=1036"}],"version-history":[{"count":2,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/1036\/revisions"}],"predecessor-version":[{"id":1040,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/1036\/revisions\/1040"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/media\/1037"}],"wp:attachment":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/media?parent=1036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/categories?post=1036"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/tags?post=1036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}