I would like to bring you to the attention of this practice an insurance company agency is carrying out at IT exhibition fairs such as Sitex 2010 which starts today.
They claim to offer car insurance quotes. From anecdotal accounts (such as one here), the representatives at the fair will approach exhibition goers with car insurance, trying to get them to discuss it at their booth. They will later try to push financial products like anticipated endowment plans to these people.
Their website currently lists their address. A quick reference reveals this address to be a building of a life insurance company. They also collect personal and contact information on their website. I can only imagine how such particulars are being used.
I cannot imagine this to be tolerable by local regulators. Is there a channel where we can notify the regulators to look into this matter?
Many thanks for reading.
REPLY
You can lodge a complaint with MAS.
3 comments:
Hi Mr Tan,
I've gotten 2 forwarded emails from your email address at kinlian@gmail.com.
It doesn't look like you forwarded them to me on purpose.
The two emails subjects are:
1. Fwd: Windows Phone Marketplace submission notification
2. 4d
Please check that your email account is secure and the forwarding settings are correct and change your password as precaution.
The public can lodge directly with MAS if they should find insurance agents deceitful .
Who is MAS? Do they exist? If they exist then probably the minibond victims would not have lost their life savings.
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