Types Of Insurance Mis- Selling
Wrong Product Sold
Selling an insurance policy that doesn’t match your need (e.g., selling life insurance to a retired person).
Hiding Policy Terms
Not explaining the terms, conditions, or exclusions clearly (like hidden charges or claim rules)
False Promise of Returns
Saying you will get high returns or guaranteed money, which is not true.
Forced Selling
Forcing someone to buy insurance to approve a loan or any service.
Fake Details Entered
Agent enters wrong information (like income or age) to get the policy issued
Policy Bundling
Giving you a policy along with another product (like a credit card or FD) without your full consent.