Case Study 1: A 70-year-old NRI woman was reportedly lured into purchasing an insurance
plan under the pretext of mandatory requirements while opening an NRE account, leading to
a significant financial commitment she was unaware of .
Case Study 2: In a massive Rs 500 crore insurance scam, fraudulent life and vehicle policies
were issued across 12 states, involving fake documentation and even orchestrated murders
to claim insurance payouts .
Conclusion: These cases highlight the severe consequences of insurance mis-selling and
the importance of vigilance and due diligence by consumers.
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