"Financial Knowledge Popularity Month" Jining City Insurance Industry Association: Four points to identify "illegal agency protection"

Recently, the seven departments of the Shandong Banking Regulatory Bureau, the Provincial High Court, and the Provincial Public Security Department jointly issued the "Notice on Preventing the Legal Rights and Interests of illegal Risks of illegal Agent Rights Protection Risks in the Field of the Financial Field" to crack down on illegal acts such as "illegal agency rights protection".

The Jining Insurance Industry Association summarized four reminders of identifying "illegal agent protection" based on years of work experience.

The first is a high agency fee. The "illegal agency rights protection" organization or individual often requires consumers to pay high "handling fees" or "consultation fees". It is terminated halfway and may be harassed and intimidated.

The second is to ask for private information. Consumers are required to provide important identity information and sensitive financial information involving personal privacy and other personal privacy. According to the real cases of the Municipal Association, after a certain agency cheated the cancellation of the private information of consumers, it secretly handled the loan and allowed consumers to bear the debt.

The third is to encourage "refund the old to buy new" and promise high income. To induce consumers with high yields, refund the old and buy new, actively cut off consumer surrender funds or use it for illegal fundraising, causing consumers to suffer serious economic losses.

The fourth is to block information. Cut off the effective connection between consumers and financial institutions and regulators. By fabricating or distorting the facts to encourage consumers to conduct malicious complaints, violate integrity and even break through the bottom line of the law, not only invading consumer rights and resources, hindering the normal resolution of consumer disputes, disrupting the normal order of the financial market, and even suspected of violating the law.

The Jining Insurance Industry Association also reminds consumers that if there are questions about insurance products or services, reasonable demands should be made through regular channels. It can be directly negotiated with insurance institutions. The negotiation cannot be mediation and reported to the regulatory authorities through the mediation committee of the Jining Insurance Disputes.

The Jining City Insurance Dispute Mediation Committee provides free consultation and mediation services, and the contact number: 0537-2255118.

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