Question : MISAPPROPRIATION OF INSURED AMOUNT



(a) whether the Government/Insurance Regulatory and Development Authority (1RDA) has received any complaint regarding misappropriation of insured amounts through fake death certificates by insurance companies in the country:

(b) if so. the details thereof, insurance company and State/UT-wise;

(c) whether the Govermenl has taken any action against officials/agents found involved therein:

(d) if so. the details thereof and if not. the reasons therefor; and

(e) the steps taken/being taken by the Government to prevent recurrence of such incidents in future?

Answer given by the minister


Hon`ble Finance Minister (Shri Arun Jaitley)

(a) to (e) : The information is being collected and will be laid on the Table of the House.

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