Contractor pays premium, but loses money

Ghaziabad | Friday | 7th December, 2018

Summary:

“The messages looked authentic as it contained my policy number and other details. He then sent me messages on my mobile number stating my policy’s details and the bank details where I was supposed to make the deposit,” said Verma. GHAZIABAD: A PWD contractor was cheated of Rs 84,000 by a man who impersonated as a senior accountant of an insurance company and asked him to deposit the insurance premium under a special offer.PWD contractor Vinay Kumar Verma (51), a resident of Kavi Nagar, had taken an insurance policy in his wife Mithilesh Verma’s name from Max Life Insurance company. I subsequently paid the amount. In June this year, when the policy was about to expire, he got a call from a person who identified himself as one Siddharth Verma , a senior accountant with the company.He told the contractor that the policy was about to end and if he wanted to continue with it, he needed to pay the insurance premium immediately.“The man offered to slash the premium by nearly 15% if I paid the money upfront..