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.
Even though authorities have been overwhelmed by reports regarding Michigan life insurance and Michigan health insurance fraud, five tactics protect consumers from falling prey to these scams.
Michigan health insurance requirements go into effect in 2014. Any insurance representative stating otherwise is a fraud.
Shop around for Michigan life insurance, preferably with an agent who offers a diverse portfolio of insurance agencies. The same rule applies to shopping for 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.
Despite some Michigan health insurance plans with exacting enrollment dates, never agree to any plan based on high sales pressure or because of coercion. Moreover, any agent who failing to describe the benefits of any plan heeds warning as a red flag of an illicit agent.
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.