Fake insurance policies Quiz

1. What is a fake insurance policy?

A. A legitimate insurance policy with high premiums B. A fraudulent policy offered by scammers posing as insurance providers C. A policy that offers double coverage

2. What should you do before signing up for an insurance policy?

A. Accept any unsolicited offers B. Research the insurance company and check their rating C. Pay upfront using wire transfer

3. How can you verify if an insurance company is legitimate?

A. Check their licensing and credentials B. Ensure they offer the lowest premiums C. Verify they have a large number of clients

4. What is a red flag when reviewing policy details?

A. Unusually high or low coverage limits B. Detailed explanations of coverage C. Standard payment options

5. Which payment method should raise suspicion?

A. Credit card B. Wire transfer C. Electronic funds transfer

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