The insurance scam is an incorrect presentation of facts with the intention of cheating, including the action taken on the basis of incorrect presentation.

If someone asks you to participate, or if you see fraud activity, you should know about these plans. Potential fraud indicators include the following:

• Commercial insurance advertising low rates, offering insurance on pre -existing diseases, or offering extremely attractive insurance deal. • Motoring you to buy annuity and other products, where you have to pay more than profit.

• Individuals are trying to get information about your VA insurance policy without legal rights from the insured veteran or VA alive services.

• Examples of fraudulent tasks or efforts by a bad person, which is trying to achieve access to life insurance income, which they are not entitled to.

• The beneficiary designation of a veteran is updated without their knowledge.

• Improper contender or agent who accuses insurance income.

• Claim Fund is distributed to the fraudulent payee.

What to do

• If you get interrogation from someone who says that they represent a company or government agency, cut the phone and call your account details, or phone number on the website of the company or government agency to verify the authenticity of the request. Before getting a call from a valid source, you will usually find a written statement in the mail, especially if the calling is asking for payment.

• Search on the Office of General Counsel Acridation website and confirm that you are working with the authorized VA recognized person (individuals) to assist in profit claims. https://www.va.gov/ogc/ogc/Apps/ Accreditation/Index.asp

Does Not

• Do not share personal identified information (PII) or do not consult people who do not have the right to inquire about the VA insurance policy.

• Do not believe the plans to become quick rich with the guarantee of big benefits guaranteed awards where they want you to work quickly and guarantee immediate/winning results.

Read Also:

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  4. Something About Cyber Crime
  5. Cyber Crime In India
  6. Cyber Fraud And Fraud Types You Should Be Aware
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  18. Artificial Intelligence: How Fraud Happens Through Voice, How To Avoid It
  19. Immediate Requirement Of Judicial Reforms To Deal With Financial Fraud And To Ensure Compensation For Victims
  20. Bribery And Threats After Online Dating Or Romance Scams
  21. Public Warning: Beware Of Online Dating And Romance Scams Connected To These Bank Accounts
  22. ED Enforcement Direactorate (ED) Department Action On Anil Ambani Companies Completed: Raids At 35 Places In 3 Days; ₹ 3000 Crore Loan Fraud Allegations
  23. Investigation Of India Digital Financial Scenario: A Comprehensive Study Of Cyber Fraud Trends And Digital Literacy In India
  24. Fraud Scam Of Escort Agencies

 

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Sunil Saini

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