-The aforesaid company is selling insurance without license.
-The company is not registered and has been cheating people by selling motor insurance policies.
Insurance Regulatory and Development Authority of India (IRDA) has warned people against rampant fraud and cheating by an unlicensed insurance entity. This entity has cheated people by selling motor insurance.
DIGITAL NATIONAL MOTOR INSURANCE operating from portal office in Bengaluru is not registered or licensed under IRDA and is not authorised to sell any kind of insurance. People must stay aware and not fall prey to this entity.
IRDA has cautioned people not to make any insurance related transactions with Digital National Motor Insurance. The entity is reportedly operating from Portal office, Krishna Raja Puram, Insurance Info Building, Devasandra, Bengaluru.
The regulatory authority said that several awareness campaigns have been launched by IRDA. “BimaBemisaal” is the brand name with tagline “Promoting Insurance. Protecting Insured”.
Radio Campaign- Jingles on Life Insurance, Property Insurance, Health Insurance, Motor Insurance, Misselling in Insurance were broadcast across All India Radio and private FM Channels to create insurance awareness.
Television Campaign- IRDAI has undertaken a pan Indian campaign where Television Commercials cautioning the public on Spurious Callers were telecast on Doordarshan and Private Television channels.