Manav

[Manav @findfinancefact]

Or they might not pay the other perks as promised. Looks too good to be true or is it some scam. Need to be cautious and other insurance companies need to note this. @irdaindia @irdainsurance @FinMinIndia #insurance #misselling #investments #insuranceindia

[Manav @findfinancefact]

#shriram Insurance is mis selling policies where they are making customers agents without insurance exams, making them referral partners and passing on hefty commission like 30% commission, Baleno car and London trip on a endowment policy of 50 lakhs.

[Manav @findfinancefact]

Asking them to not pay next year’s premium and encash the policy with some loss as per new IRDEA rules. In effect the company will be losing money like 20 25% in a year but there might be some catch which customers might not know or a new way of gaining market share.