- About Coverfox
It has been brought to our attention that certain unscrupulous individuals and agencies, falsely purporting to represent Coverfox Insurance Broking Private Limited (‘the Company’), are engaging in deceptive practices by luring and misleading job aspirants with fraudulent employment offers, often involving the exchange of fees and other fraudulent means. These individuals/agencies, without authorization, exploit our trademarks and illegitimately demand payments in the form of fees, charges, travel expenses, and solicit sensitive information such as credit card, debit card, and bank account details from prospective candidates under the pretext of securing employment with us.
We hereby declare that the Company neither demands nor charges any fee/charges, or solicits credit card or debit card, bank account details from candidates during the recruitment process. Additionally, the Company has not authorized any individual, agency, or firm to recruit candidates on its behalf.
Any individual seeking employment or association with Coverfox Insurance Broking Private Limited or its associate company (viz., Coverstack Technologies Private Limited) is advised to exercise caution and refrain from trusting any agency or individual claiming to be our representative, especially those demanding fees or sensitive financial information for employment or agency placement.
We offer the following guidance to all individuals seeking employment with our organization:
Do not respond to unsolicited job offers: Refrain from engaging with individuals/agencies claiming to be our employees or authorized agents who demand fees for job applications. Any communication demanding money purportedly originating from us is false.
Do not make payments for securing employment: We do not charge any fees from individuals seeking employment or working in any capacity with us. Do not make any payment to individuals/agencies claiming to facilitate employment with the Company.
Do not disclose personal and confidential information: Do not share sensitive information, including debit or credit card details and bank account information, with anyone claiming to represent us.
In the event of even the slightest suspicion regarding the source and credentials of any individual/agency claiming to represent the Company, we urge you to promptly report the matter to local police authorities and relevant government agencies.
Be vigilant against fake email IDs or communications issued on counterfeit letterheads bearing our name.
How is Coverfox different from other insurance marketplaces?
We at Coverfox aspire to be your one-stop-shop for anything related to insurance. This means:
But don't just blindly believe what we say. We have a 72% customer retention rate, which is by far one of the best in the market. We are also the highest-rated insurance website on Facebook and Google+. :)"
How does Coverfox make money?
Coverfox is a licensed broker. Which means we are paid a commission for each policy we sell, by the insurance companies. Does that mean you pay anything extra, other than your policy premium? Nope. The commission is paid for by the insurer and not by you, the customer.
Does the commission make us biased for or against any insurance company? The answer is simply no, we cannot be biased as a broker. A broker is a customer's representative and is always for the customer and not for the insurance company.
Is it cheaper to buy insurance through Coverfox.com?
Insurance is a regulated market. No insurance company, neither Coverfox nor any other agent can give you a deal cheaper than what the insurance company has set. It is illegal to do so. The best way to save money on insurance premiums is by comparing various insurance plans available and making an informed choice.