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Life insurance policy: how to avoid fraud

Life insurance is an important instrument of financial security that can help your family through difficult life situations. However, unfortunately, there are scammers who try to deceive people wishful to purchase life insurance.
Life insurance policy: how to avoid fraud

RBC experts gave some advice on how not to become a victim of scammers.

Get your policy only from a legal insurance company.

Make sure the company has a license to carry out insurance activities.

You can check the license on the regulator’s website.

Do not click on links from dubious sources.

Fraudsters may send letters or SMS messages with links to sites that imitate the sites of well-known insurance companies.

Do not click on such links or enter your personal information on these sites.

Do not give out your personal information over the phone.

Scammers may call you by phone and pretend to be employees of insurance companies.

They may ask you to give your personal information, such as your passport number, bank card number, etc.

Read the insurance contract carefully.

Before signing an insurance contract, carefully read its terms and conditions. Please note any coverage exclusions. Make sure you understand all clauses of the contract.

Here are some extra tips.

Don't believe promises of mega profits.

Take your time making a decision.

Before purchasing a life insurance policy, carefully study all offers and choose the most profitable program.

Source: https://trends.rbc.ru/trends/industry/6167ff259a7947f4c6908e46?from=copy

Photos are from open sources.

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