Need A Financial Product Forums Insurance Insurance – Good product with lots of misselling

This topic contains 2 replies, has 3 voices, and was last updated by  Sameer Kapoor 2 years, 10 months ago.

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    SP Intellect

    Normally, Insurance is a product to cover risk however most of the companies are selling their plans as a tool for comprehensive Financial planning. Tell you views or experience with various Insurance companies in this forum for the benefits of others.



    I got a call from a call center. They said they are speaking from Central Government Insurance authority (CGIA) and my bonus of about 1.85 lacs is lying with LIC. For that I need to buy a card worth Rs. 50k and they will process my claim…it looks little weird to me….do u know anything about this…


    These are fake calls. Their is no agency like CGIA. What kind of insurance will yield a bonus of 1.85 lacs…Also any regulatory body will never ask you to buy r subscribe any card….Don’t get into the trap.

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