LIC cautions against fraudulent social media advertisements

LIC has issued a stern warning to the public regarding fraudulent advertising on social media platforms. The company cautioned individuals and entities against misusing its brand name, logo, and the images of senior officials for deceptive practices.

In a recent announcement posted on X, LIC urged both policyholders and the general public to exercise caution and validate the authenticity of advertisements they encounter on social media. The company expressed concern over certain entities exploiting its brand identity without authorization, emphasizing the need for vigilance among consumers.

"We wish to alert the public in regard to such deceptive activities," stated LIC in its social media post, highlighting the misuse of its brand assets by unauthorized parties.

LIC encouraged individuals to report any suspicious advertisements bearing its name or logo through its official social media channels. The company assured that it would take appropriate legal action against those found guilty of fraudulent activities.

Furthermore, LIC reiterated its commitment to safeguarding the interests of its policyholders and ensuring transparency in its communication. By issuing this cautionary advisory, LIC aims to prevent unsuspecting individuals from falling victim to fraudulent schemes propagated through social media platforms.