{"id":3170,"date":"2023-08-11T11:27:24","date_gmt":"2023-08-11T05:57:24","guid":{"rendered":"https:\/\/www.insurancesamadhan.com\/blog\/?p=3170"},"modified":"2024-02-26T10:55:10","modified_gmt":"2024-02-26T05:25:10","slug":"beware-of-insurance-mis-selling-safeguard-your-money-and-future","status":"publish","type":"post","link":"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/","title":{"rendered":"Beware of Insurance Mis-selling: Safeguard Your Money and Future"},"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-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#_What_is_Insurance_Mis-selling\" >\u00a0What is Insurance Mis-selling?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#Whats_the_Motive_Behind_Insurance_Mis-selling\" >What&#8217;s the Motive Behind Insurance Mis-selling?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#How_Does_It_Impact_The_Customers\" >How Does It Impact The Customers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#Government_Role_in_Insurance_Mis-selling\" >Government Role in Insurance Mis-selling<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#Bottom_Line\" >Bottom Line<\/a><\/li><\/ul><\/nav><\/div>\n<p><span style=\"font-weight: 400;\">Case 1: Change of Existing Policy\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mr. Birju&#8217;s was having Insurance with ABC Life Insurance. He bought the policy in 2018 and has been paying regular premiums. One day, he received a telecall. The caller introduced himself as the Relation Manager of ABC Life Insurance and asked whether he was satisfied with his existing policy. Birju trusted the caller because he had all the personal details. Later, the caller informed us that the plan was not doing well and the company had decided to discontinue the plan and upgrade to a new plan with superior features. All money from the previous policy will be credited to the new policy. Moreover, a bonus and agent commission of Rs 5 lakh will also be awarded if Birju decides to invest Rs 1 lakh in a new policy. The offer was very lucrative and Birju agreed immediately.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The proposition was straightforward, seemingly tailor-made for Mr. Birju. An inquiry about his existing policies drew an assurance that they were of no concern. The telemarketer outlined an intricate plan\u2014he said that Mr. Birju has to pay Rs. 1 lakh yearly for a decade, promising Rs. 25 lakhs as a death or maturity benefit with an option to cancel after a year. Mr. Birju was lured by the plan and thus became the victim of insurance mis-selling.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Mis-selling comes in various forms\u2014sometimes, customers struggle to grasp the policy due to its complex structure. In this case, he was persuaded to purchase the policy despite already owning insurance. He was trapped in that he could terminate the policy after three years and reclaim the premiums paid and accrued benefits of the existing policy.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/stage.insurancesamadhan.com\/assets\/img\/contact.png\" alt=\"Insurance Samadhan\" width=\"500\" height=\"70\" border=\"0\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"_What_is_Insurance_Mis-selling\"><\/span><span style=\"font-weight: 400;\">\u00a0<\/span><b>What is Insurance Mis-selling?<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Insurance mis-selling happens when someone is convinced to buy an insurance policy they might not really need or understand. This can occur because the salesperson provides wrong or misleading information to make the sale. As a result, the person might end up with a policy that doesn&#8217;t match their needs or financial situation. It&#8217;s like buying something that doesn&#8217;t quite fit or works for you just because someone convinced you it&#8217;s a good idea.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Insurance is a subject matter of solicitation which means that insurance needs to be sold on its merits and should not be sold through allurements.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-3171\" src=\"https:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger.png\" alt=\"insurance mis-selling\" width=\"1920\" height=\"1080\" srcset=\"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger.png 1920w, http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger-300x169.png 300w, http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger-1024x576.png 1024w, http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger-150x84.png 150w, http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger-768x432.png 768w, http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger-1536x864.png 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whats_the_Motive_Behind_Insurance_Mis-selling\"><\/span><b>What&#8217;s the Motive Behind Insurance Mis-selling?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Like any other product, the seller gets a commission, and such fraud callers are interested only in commission. They try to misguide customers for the first 30 days so that the freelook period expires, and the commission is released after the freelook period.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Does_It_Impact_The_Customers\"><\/span><strong>How Does It Impact The Customers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Mis-selling has far-reaching consequences for customers. Firstly, it leads to financial losses as the money paid in premiums is wasted when the promised advantages fail to meet the customer&#8217;s needs. Secondly, when the customer&#8217;s family, who should rightfully benefit from the policy&#8217;s offerings or a specified amount, is left without reliable support in the long term due to the policy&#8217;s failure to deliver as promised. This situation can make them despair, especially if they lack financial assistance following the breadwinner&#8217;s demise.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both situations are daunting for anyone, especially considering the emotional and financial impact. When hard-earned money is invested in policies that don&#8217;t fulfill their intended purpose, it undermines trust in financial systems and disrupts plans for a secure future.<\/span><\/p>\n<p><a href=\"https:\/\/www.insurancesamadhan.com\/register?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=blog_post&amp;utm_term=blog_term\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/stage.insurancesamadhan.com\/assets\/img\/contact.png\" alt=\"Insurance Samadhan\" width=\"500\" height=\"70\" border=\"0\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Government_Role_in_Insurance_Mis-selling\"><\/span><strong>Government Role in Insurance Mis-selling<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">IRDAI, the regulator, has taken many steps to curb such malpractices and IRDA has various control systems to curb mis-selling like\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Grievance escalation matrix and appointment of Nodal Grievance officer at each Insurer\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">IGMS system of IRDA<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Freelook period\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verification call\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">IRDA has an ambitious plan of achieving a 5% penetration in GDP and which is possible only if a favorable system is created.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the concept of a standardized script has been integrated into all insurance policy aspects, encompassing benefits, services, and essential disclosures. This guideline should be communicated clearly to each insurer and agent, emphasizing strict adherence to the script for enhanced customer understanding of policy details.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It sure does sound like a very lengthy process and since a lot of technicality is involved, many of us decide not to go after the insurance company. But do not worry! Insurance Samadhan is here to help you.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Insurance Samadhan constantly seeks the best interest of the policyholders so that nobody loses their hard-earned money.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bottom_Line\"><\/span><span style=\"font-weight: 400;\">Bottom Line<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Insurance mis-selling can cause problems for people. It happens when sellers give wrong information or convince you to buy something you don&#8217;t need. This can hurt your money and your family&#8217;s future. But you can fight back. If you have a problem, tell your insurance company and they will check. If they don&#8217;t help, you can talk to Insurance Samadhan. We will help you.<\/span><\/p>\n<p><a href=\"https:\/\/www.insurancesamadhan.com\/register?utm_source=organic&amp;utm_medium=blog&amp;utm_campaign=blog_post&amp;utm_term=blog_term\"><strong>Click here<\/strong><\/a>\u00a0to register your complaint with Insurance Samadhan<\/p>\n<p>You can also<\/p>\n<p>Visit our website:\u00a0<a href=\"https:\/\/www.insurancesamadhan.com\/\">insurancesamadhan.com<\/a><\/p>\n<p>Call us on +91 9513631312<\/p>\n<p>WhatsApp:\u00a0<a href=\"https:\/\/api.whatsapp.com\/send?phone=+919910998252&amp;text=Hi\">\u00a09910998252<\/a><\/p>\n<p>Mail us at\u00a0<a href=\"mailto:corporate@insurancesamadhan.com\">corporate@insurancesamadhan.com<\/a><\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\/\",\n  \"@type\": \"Article\",\n  \"mainEntityOfPage\": {\n    \"@type\": \"WebPage\",\n    \"@id\": \"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\"\n  },\n  \"headline\": \"Beware of Insurance Mis-selling: Safeguard Your Money and Future\",\n  \"description\": \"Discover the tactics used in insurance mis-selling. Learn how to safeguard yourself from deceptive practices. Understand the impact on your finances and family.\",\n  \"image\": {\n    \"@type\": \"ImageObject\",\n    \"url\": \"https:\/\/i0.wp.com\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-larger.png?resize=768%2C432&ssl=1\",\n    \"width\": \"1920\",\n    \"height\": \"1080\"\n  },\n  \"author\": {\n    \"@type\": \"Person\",\n    \"name\": \"Shikhar Vashisht\"\n  },\n  \"publisher\": {\n    \"@type\": \"Organization\",\n    \"name\": \"Insurance Samadhan\",\n    \"logo\": {\n      \"@type\": \"ImageObject\",\n      \"url\": \"https:\/\/insurancesamadhan.com\/images\/logo.svg\",\n      \"width\": \"224\",\n      \"height\": \"47\"\n    }\n  },\n  \"datePublished\": \"2023-08-11\",\n  \"dateModified\": \"2023-08-11\"\n}\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Case 1: Change of Existing Policy\u00a0 Mr. Birju&#8217;s was having Insurance with ABC Life Insurance. He bought the policy in 2018 and has been paying regular premiums. One day, he received a telecall. The caller introduced himself as the Relation&hellip; <a href=\"http:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":3172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[301,2],"tags":[],"class_list":["post-3170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","category-insurance-misselling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Beware of Insurance Mis-selling Tactics | Insurance Samadhan<\/title>\n<meta name=\"description\" content=\"Guard your financial future against insurance mis-selling risks. Gain valuable insights into identifying mis-sold policies with expert guidance from Insurance Samadhan.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beware of Insurance Mis-selling Tactics | Insurance Samadhan\" \/>\n<meta property=\"og:description\" content=\"Guard your financial future against insurance mis-selling risks. Gain valuable insights into identifying mis-sold policies with expert guidance from Insurance Samadhan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\" \/>\n<meta property=\"og:site_name\" content=\"Insurance Samadhan\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-11T05:57:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-26T05:25:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"175\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Shikhar Vashisht\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shikhar Vashisht\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\",\"url\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\",\"name\":\"Beware of Insurance Mis-selling Tactics | Insurance Samadhan\",\"isPartOf\":{\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png\",\"datePublished\":\"2023-08-11T05:57:24+00:00\",\"dateModified\":\"2024-02-26T05:25:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/#\/schema\/person\/a542b3713b1a65c415bb659708dd9228\"},\"description\":\"Guard your financial future against insurance mis-selling risks. Gain valuable insights into identifying mis-sold policies with expert guidance from Insurance Samadhan.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#primaryimage\",\"url\":\"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png\",\"contentUrl\":\"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png\",\"width\":250,\"height\":175,\"caption\":\"Insurance Mis-selling\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.insurancesamadhan.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Beware of Insurance Mis-selling: Safeguard Your Money and Future\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/#website\",\"url\":\"https:\/\/www.insurancesamadhan.com\/blog\/\",\"name\":\"Insurance Samadhan\",\"description\":\"The most trusted platform for resolution of Insurance Complaints in India\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.insurancesamadhan.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/#\/schema\/person\/a542b3713b1a65c415bb659708dd9228\",\"name\":\"Shikhar Vashisht\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.insurancesamadhan.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/litespeed\/avatar\/8e0d65d918d9c3a435f7667f0fd2ccbb.jpg?ver=1777042341\",\"contentUrl\":\"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/litespeed\/avatar\/8e0d65d918d9c3a435f7667f0fd2ccbb.jpg?ver=1777042341\",\"caption\":\"Shikhar Vashisht\"},\"url\":\"http:\/\/www.insurancesamadhan.com\/blog\/author\/shikhar-vashisht\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Beware of Insurance Mis-selling Tactics | Insurance Samadhan","description":"Guard your financial future against insurance mis-selling risks. Gain valuable insights into identifying mis-sold policies with expert guidance from Insurance Samadhan.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/","og_locale":"en_US","og_type":"article","og_title":"Beware of Insurance Mis-selling Tactics | Insurance Samadhan","og_description":"Guard your financial future against insurance mis-selling risks. Gain valuable insights into identifying mis-sold policies with expert guidance from Insurance Samadhan.","og_url":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/","og_site_name":"Insurance Samadhan","article_published_time":"2023-08-11T05:57:24+00:00","article_modified_time":"2024-02-26T05:25:10+00:00","og_image":[{"width":250,"height":175,"url":"https:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png","type":"image\/png"}],"author":"Shikhar Vashisht","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shikhar Vashisht","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/","url":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/","name":"Beware of Insurance Mis-selling Tactics | Insurance Samadhan","isPartOf":{"@id":"https:\/\/www.insurancesamadhan.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#primaryimage"},"image":{"@id":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#primaryimage"},"thumbnailUrl":"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png","datePublished":"2023-08-11T05:57:24+00:00","dateModified":"2024-02-26T05:25:10+00:00","author":{"@id":"https:\/\/www.insurancesamadhan.com\/blog\/#\/schema\/person\/a542b3713b1a65c415bb659708dd9228"},"description":"Guard your financial future against insurance mis-selling risks. Gain valuable insights into identifying mis-sold policies with expert guidance from Insurance Samadhan.","breadcrumb":{"@id":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#primaryimage","url":"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png","contentUrl":"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png","width":250,"height":175,"caption":"Insurance Mis-selling"},{"@type":"BreadcrumbList","@id":"https:\/\/www.insurancesamadhan.com\/blog\/beware-of-insurance-mis-selling-safeguard-your-money-and-future\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.insurancesamadhan.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Beware of Insurance Mis-selling: Safeguard Your Money and Future"}]},{"@type":"WebSite","@id":"https:\/\/www.insurancesamadhan.com\/blog\/#website","url":"https:\/\/www.insurancesamadhan.com\/blog\/","name":"Insurance Samadhan","description":"The most trusted platform for resolution of Insurance Complaints in India","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.insurancesamadhan.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.insurancesamadhan.com\/blog\/#\/schema\/person\/a542b3713b1a65c415bb659708dd9228","name":"Shikhar Vashisht","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.insurancesamadhan.com\/blog\/#\/schema\/person\/image\/","url":"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/litespeed\/avatar\/8e0d65d918d9c3a435f7667f0fd2ccbb.jpg?ver=1777042341","contentUrl":"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/litespeed\/avatar\/8e0d65d918d9c3a435f7667f0fd2ccbb.jpg?ver=1777042341","caption":"Shikhar Vashisht"},"url":"http:\/\/www.insurancesamadhan.com\/blog\/author\/shikhar-vashisht\/"}]}},"jetpack_featured_media_url":"http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png","uagb_featured_image_src":{"full":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false],"thumbnail":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller-150x105.png",150,105,true],"medium":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false],"medium_large":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false],"large":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false],"1536x1536":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false],"2048x2048":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false],"thumb-small":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller-50x50.png",50,50,true],"thumb-medium":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller-250x135.png",250,135,true],"thumb-featured":["http:\/\/www.insurancesamadhan.com\/blog\/wp-content\/uploads\/2023\/08\/Beware-of-Insurance-Mis-selling-Safeguard-Your-Money-and-Future-smaller.png",250,175,false]},"uagb_author_info":{"display_name":"Shikhar Vashisht","author_link":"http:\/\/www.insurancesamadhan.com\/blog\/author\/shikhar-vashisht\/"},"uagb_comment_info":1,"uagb_excerpt":"Case 1: Change of Existing Policy\u00a0 Mr. Birju&#8217;s was having Insurance with ABC Life Insurance. He bought the policy in 2018 and has been paying regular premiums. One day, he received a telecall. The caller introduced himself as the Relation&hellip; Continue Reading &rarr;","amp_enabled":true,"_links":{"self":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/3170","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\/12"}],"replies":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/comments?post=3170"}],"version-history":[{"count":4,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/3170\/revisions"}],"predecessor-version":[{"id":3177,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/posts\/3170\/revisions\/3177"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/media\/3172"}],"wp:attachment":[{"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/media?parent=3170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/categories?post=3170"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.insurancesamadhan.com\/blog\/wp-json\/wp\/v2\/tags?post=3170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}