Legal Question in Consumer Law in India
there is this networking marketing company secure life-safe and secure insurance agencies pvt. ltd..they show mca certificate (i already checked cin number on mca site),iso certificate nd IRDA certificate..should i trust it?
Asked on 5/02/12, 12:14 am
2 Answers from Attorneys
Santosh Dash
Legal Consultant
MCA certificate does so- it is an existing co (at present), ISO- Is ISO certified, IRDA- authorised to do insurance business.
But what is the trust you want to entrust?
Before trusting any company, check their past record and settlement ratio. In case you are taking any policy, they may harass your legal heir in getting the money.
Further the company may close its business in future. MCA, ISO and IRDA doesnot gurantee you anything that co is trust worthy
Answered on 5/02/12, 2:41 am
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
i agree with Adv Dash
Answered on 5/02/12, 4:57 am
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