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Life Insurance Corporation (LIC) has issued a cautionary alert to the public regarding fraudulent advertising practices observed on various social media platforms. The warning comes as LIC notes unauthorized use of senior officials’ images, the brand logo, and the company’s name by certain individuals and entities.
In an official statement shared on social media, LIC urged policyholders and the general public to exercise vigilance and verify the authenticity of advertisements featuring LIC’s brand elements. The company emphasized its commitment to combatting deceptive activities and protecting consumers from misinformation.
“We wish to alert the public in regard to such deceptive activities,” stated LIC, emphasizing the seriousness of the issue. The company highlighted that these fraudulent ads not only misuse the image of senior officials or ex-officials but also misrepresent LIC’s brand identity without consent.
LIC’s advisory encourages individuals to report URLs of such deceptive advertisements through its official social media channels. The company assured that appropriate legal actions will be pursued against those found engaging in fraudulent activities using LIC’s brand without authorization.
LIC reaffirmed its dedication to maintaining trust and transparency with policyholders and the general public. By issuing this warning and actively monitoring unauthorized usage of its brand assets, LIC aims to safeguard consumers from falling victim to fraudulent schemes.
As fraudulent practices continue to evolve, LIC remains vigilant in protecting its brand integrity and ensuring that customers are not misled by misleading advertisements circulating on social media platforms.
Sources By Agencies
