Hundreds of people fall in the trap of fake insurance calls. The fraudulent callers are increasingly ingenuous and appeal to our sense of fear and greed to part with personal details and money. We have compiled here the different kinds of pitches they make. If you come across any of these, just disconnect the call. Also please share this page with your friends and if you have new pitches to add, please put it in the comment section.
Fake Call 1: This is a call from an LIC service branch, You can transfer the existing policies to new policies for better returns.
Fake Call 2: There is an annual equity bonus lying unclaimed in your Account, which will be transferred to your Insurance Agent/govt. Please deposit money in a certain bank account to avoid this transfer.
Fake Call 3: Your insurance agent purchased insurance policy of xyz company at the time of purchasing your LIC policy. Dividends from policy of xyz company will be transferred to your agent and xyz insurance company. Please deposit money to transfer this money to your account.
Fake Call 4: You are entitled to loyalty bonus for being a valued customer. This bonus is transferred to agent code instead of your code. Give policy details so that the bonus is properly transferred to you.
Fake Call 5: We are calling from Insurance Verification Department. Give your PAN Card number, Bank Details and Aadhaar number to complete the verification process.