scorecardresearchInsurance fraud could soon hamper individuals’ credit score as IRDAI moots proposal: Report

Insurance fraud could soon hamper individuals’ credit score as IRDAI moots proposal: Report

Updated: 20 Jun 2022, 09:05 AM IST
TL;DR.
Impact on credit score seen as a deterrent as low score can deprive access to services
While rationalising the proposal, the working group said a fraud attempt on an insurance company can be replicated with other institutions as well.

While rationalising the proposal, the working group said a fraud attempt on an insurance company can be replicated with other institutions as well.