News From Press Getting a very low premium for motor, bike insurance renewal? Policy could be fake

Getting a very low premium for motor, bike insurance renewal? Policy could be fake

Source: Economic Times Apr 1, 2019

In February, Mumbai Police busted a gang that sold over 800 bogus motor insurance policies to gullible two-wheeler owners over two years. With premiums shooting up after long-term third party covers were made mandatory, frauds offering “cheaper” alternatives are also on the rise. We tell you how not to fall prey to such rackets.

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