IRDAI launched a multipronged campaign to caution public through print, electronic and social media platforms after receiving several complaints.
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notice warning the public against buying motor insurance policies from the Bangalore-based fake website, 'Digital National Motor Insurance'. The insurance regulator has been constantly cautioning public against spurious calls and fictitious offers.
According to IRDAI, this fake insurance company with email id: digitalpolicyservices@gmail.com, has been selling motor insurance policies, although it has not been licensed or granted registration by the regulator to sell insurance policies of any kind.
IRDAI launched a multipronged campaign to caution members of the public through print, electronic and social media platforms after receiving several complaints from general public about spurious calls and fictitious offers involving insurance products.
"It has been brought to the notice of IRDAI that an entity by the name of DIGITAL NATIONAL MOTOR INSURANCE operating from #DNMI co. ltd. Portal Office, Krishna Raja Puram, Insurance Info Building, Devasandra, Bangalore - 560036 having website https://dnmins.wixsite.com/dnmins and email id digitalpolicyservices@gmail.com has been selling insurance policies, although it has not been licensed or granted registration by the Authority to sell insurance policy of any kind,” the IRDAI said.
"The Authority cautions the Public not to make any transaction related to insurance business with M/s DIGITAL NATIONAL MOTOR INSURANCE," it added.
The regulator further said: “IRDAI hereby urges the public to remain alert and not to fall prey to fraud and cheating indulged in by the above said entity.”
The regulator has also launched several insurance awareness campaigns.
1. IRDAI notice against fake insurance company
)
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notice warning the public against buying motor insurance policies from the Bangalore-based fake website, 'Digital National Motor Insurance'. The insurance regulator has been constantly cautioning public against spurious calls and fictitious offers.
(Image Source: File photo)
2. Unregistered company selling insurance
)
According to IRDAI, this fake insurance company with email id: digitalpolicyservices@gmail.com, has been selling motor insurance policies, although it has not been licensed or granted registration by the regulator to sell insurance policies of any kind.
(Image Source: www.irdai.gov.in)
3. IRDAI launches multipronged campaign
)
IRDAI launched a multipronged campaign to caution members of the public through print, electronic and social media platforms after receiving several complaints from general public about spurious calls and fictitious offers involving insurance products.
(Image Source: www.irdai.gov.in)
4. Fraud brought to notice of IRDAI by public
)
"It has been brought to the notice of IRDAI that an entity by the name of DIGITAL NATIONAL MOTOR INSURANCE operating from #DNMI co. ltd. Portal Office, Krishna Raja Puram, Insurance Info Building, Devasandra, Bangalore - 560036 having website https://dnmins.wixsite.com/dnmins and email id digitalpolicyservices@gmail.com has been selling insurance policies, although it has not been licensed or granted registration by the Authority to sell insurance policy of any kind,” the IRDAI said.
(Image Source: Digital National Motor Insurance site)
5. Regulator launches several insurance awareness campaigns
)
"The Authority cautions the Public not to make any transaction related to insurance business with M/s DIGITAL NATIONAL MOTOR INSURANCE," it added.
The regulator further said: “IRDAI hereby urges the public to remain alert and not to fall prey to fraud and cheating indulged in by the above said entity.”
The regulator has also launched several insurance awareness campaigns.
(Image Source: File photo)
