Tricks To Evade Michigan Life Insurance Fraud PDF Print E-mail
Written by Mike Novelli   
Monday, 31 May 2010 18:46
Fake health care representatives are selling fictitious policies, referred to as ObamaCare. These bamboozlements prey on consumers who lack the knowledge about buying Michigan life insurance policies and Michigan health insurance plans. By the time many of these scams are exposed, it's too late for the victims to recoup any losses.
by MikeNovelli


Fake health care representatives are selling fictitious policies, referred to as ObamaCare. These bamboozlements prey on consumers who lack the knowledge about buying Michigan life insurance policies and Michigan health insurance plans. By the time many of these scams are exposed, it's too late for the victims to recoup any losses.

Although authorities are inundated with reports pertaining to Michigan health insurance and Michigan life insurance fraud, several tactics prevent falling prey to consumer fraud and a bogus insurance plan.

Michigan health insurance requirements go into effect in 2014. Insurance brokers stating otherwise are being dishonest.

Obtain several Michigan life insurance quotes, ideally with a representative offering a diverse portfolio of insurance companies. The rule is applicable for obtaining Michigan health insurance quotes.

Always, verify that the agent's license is current for whichever policy the consumer needs, regardless of how well known the agent is (Michigan health insurance or Michigan life insurance).

Contact the Michigan's Department of Insurance to investigate whether the agent has a murky name or has any previous complaint reports Michigan life insurance or Michigan health insurance. Also, visit Google.com on the Internet to conduct a quick search. Input the agent's name, followed by a comma, and the following other keywords: "fraud," "complaints," "scam."

Never do business with agents, recommending an overstatement of income or net worth in exchange for a better Michigan life insurance benefit. The Attorney General's office maintains a database of complaints along these lines. When it comes to making an insurance payment, always post checks payable to the insurance company and not the agent.

Although certain Michigan health insurance plans have specific enrollment dates, do not subscribe to any plan out of pressure or due to coercion. Additionally, any agent who fails to explain the details regarding the Michigan life insurance or other plan information is a red flag for an unscrupulous "professional.

DISCLAIMER: This article is provided as information only and is not to be taken as financial advice.

Bookmark or visit Michigan Health and Life.com for more information regarding Michigan life insurance and Michigan medical insurance policies. The site maintains the latest news, resources and free life insurance quotes, online.