From motorcycles to cars, buses and trucks, etc., it is an important process to insure vehicles.
From motorcycles to cars, buses and trucks, etc., getting the insurance of vehicles is an important process. Driving without insurance is not a norm and for this, fines have to be paid according to traffic rules. In case of any kind of accident, the loss of insurance is largely compensated.
Now talk about it through public, so often people want that they get better insurance scheme at least premium. Some fake companies want to encash this desire of the people. Sometimes insurance agents want to get insurance by giving such kind of greed, sometimes companies want to ‘lime’ people by giving attractive offers.
In order to protect people from these frauds, the insurance regulator IRDAI ie Insurance Regulatory and Development Authority of India (IRDAI) keeps on warning. In this sequence, IRDAI has cautioned people about a company providing motor insurance.
Company selling insurance issued without license
The IRDAI has issued a public notice on 11 February one day warning about the Digital National Motor Insurance Company of Bengaluru. It was told that no license has been issued to sell the insurance policy to this company. The insurance regulator has appealed to the common people to be careful about it. It is said that this motor insurance company is fake and should not get caught in its fraud.
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In a public notice issued on 11 February, the insurance regulator IRDAI said, ‘It has come to its notice that a company called Digital National Motor Insurance operated from # DNMIco.ltd Portal Office, Krishna Raja Puram, Insurance Info Building, Devasandra, Bengaluru – 560036’. Insurance policy for selling.
Not even a company registration!
According to IRDAI, this insurance company has not got approval to sell insurance. It has neither got any license nor registration of the company for selling any type of insurance policy. IRDAI, in its public notice, has appealed to the common people to avoid getting into the fraud by citing the company’s email id digitalpolicyservices@gmail.com and website https://dnmins.wixsite.com/dnmins.
Do not pay even one rupee, avoid fraud
Insurance regulator IRDAI has cautioned the common people not to do any transaction with the company named M / s Digital National Motor Insurance for the insurance business. On visiting the website highlighted in the public notice of IRDAI, the page being opened, the company has written about itself that it provides insurance cover for cars, bikes, autos and buses. While the truth is that the company has neither registration nor permission to sell insurance. Therefore, IRDAI has appealed to everyone not to get caught by this fake company.
