Connecticut insurance policy holders are getting an unwelcome holiday gift; credit card fraud. The State Insurance Commissioner is warning of a phone scam in which callers pose as insurance company representatives telling victims their policies are being cancelled. They will ask for credit card numbers in order to reinstate the policy.
If you get a call from anyone stating a policy is expired or cancelled, call your insurance company or agent to confirm. Then, renew or settle the issue with them. Don't give out credit numbers over the phone unless you initiate the call and are intending to make a purchase.
If you think you may have already been a victim of this, report it to your local law enforcement and your state insurance commissioner.
Currently, this is only being reported as happening in Connecticut. However, no one is immune to phone scams with similar scams continually running across the nation. Always be aware of who is on the other end of the phone when providing sensitive information. This is particularly true during the holidays. Unfortunately, some are more in the taking spirit than the giving one.
For banks and credit unions
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