Do you own a LIC policy? Check how to stay away from frauds or you could lose money

Many in India have lost their hard-earned life savings to frauds in one way or the other. In the past, a few customers of Life Insurance Company (LIC) have been fooled by fraudsters impersonating as an official of the esteemed insurance firm. 

New Delhi: With the rising number of offline and online frauds, many in India have lost their hard-earned life savings in one way or the other.  Public and private sector banks as well as other firms offering financial services are regularly updating their customers on how they can avert a financial loss due to fraud.  In the past, a few customers of Life Insurance Company (LIC) may have been fooled by fraudsters impersonating as an official of the esteemed insurance firm.