Insurance firm finds fake cover notes in its name

Lodges police complaint after receiving notices from MACT

July 20, 2019 01:27 am | Updated 10:37 am IST - NEW DELHI

An insurance company based on Barakhamba Road approached the police after it discovered 12 fake insurance cover notes issued in its name to vehicle owners.

The zonal manager of the firm said they received notices from Motor Accident Claims Tribunal (MACT) to issue insurance amount claimed by victims involved in accidents with vehicles insured by the company.

“After a notice is received, the company checks the genuineness of the claim... It has been found that fake insurance cover notes are being issued in the name of the company for insuring vehicles. The notes are forged,” he alleged.

In a genuine case, the accused party’s insurance company gives the claimed amount to the victim’s party after the latter approaches the MACT.

The firm shared details of the 12 cases in which claims were sought for and the insurance cover were found to be “forged”. In most of the cases shared by the firm, the accident victims are dead. They found that the vehicles which caused the accident and claimed to have insurance policy document in the firm’s name did not exist in their records.

The firm, in their complaint, said that unidentified accused are suspected to have been collecting money in the name of insurance policy premium and issuing fake policies. “The persons are not only cheating the company but also accident victims with forged insurance policy because they will not be entitled to any insurance cover,” the complainant said.

FIR lodged

Additional Deputy Commissioner of Police (New Delhi) Eish Singhal said that a first information report has been registered under Sections 420 (cheating), 468 (forgery for purpose of cheating) and 471 (using as genuine a forged document) of the Indian Penal Code and an investigation has been taken up.

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