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By Chris Ndibe<\/strong><\/p>\n\n\n The National Insurance Commission (NAICOM) has warned insurance companies against issuing wrong contact addresses and telephone numbers to policyholders when buying into insurance.<\/p>\n\n\n The Deputy Commissioner, Technical of NAICOM, Alhaji Sabiu Abubakar, gave the warning while fielding questions at a seminar for insurance journalists in Uyo.<\/p>\n\n\n Abubakar was reacting to complaints that some insurance companies usually issue wrong contact addresses and telephone numbers on their policy contract documents which insurance holders would not locate.<\/p>\n\n\n He frowned at the development, saying that the commission would sanction any company found to have done that on purpose.<\/p>\n\n\n According to him, if an insurance company changes its location and address, it should inform the insurance holders of their new location and numbers.<\/p>\n\n\n \u201cWe will not tolerate any issue like this from any insurance company.<\/p>\n\n\n \u201cIf an insurance company changes its address or phone number from the one we have in the commission, it should quickly contact us and the policyholders (the insured).<\/p>\n\n\n \u201cThere will be sanctions for any insurance company who fails to do this,\u2019\u2019 he said.<\/p>\n\n\n Abubakar, who said the commission was working tirelessly to reduce incidences of fake insurance, appealed to the people to always buy insurance from registered insurance companies.<\/p>\n","protected":false},"excerpt":{"rendered":" By Chris Ndibe The National Insurance Commission (NAICOM) has warned insurance companies against issuing wrong contact addresses and telephone numbers to policyholders when buying into insurance. The Deputy Commissioner, Technical of NAICOM, Alhaji Sabiu Abubakar, gave the warning while fielding questions at a seminar for insurance journalists in Uyo. Abubakar was reacting to complaints that […]<\/p>\n","protected":false},"author":1,"featured_media":15409,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[211],"class_list":["post-25473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-money","tag-insurance","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"\n