(1) Any insured person, whether or not with an insurer or an insurance intermediary or other insurance service provider, commits any fraud, collusion or submission of false information with an insurer or insurance intermediary or other insurance service provider, or by not submitting information that should be submitted or submitting information that should not be submitted, himself or the insured. In case of concealment of any basic fact related to property, in case of suspicion of making any insurance claim or in case of suspicion of influencing the insurer or insurance intermediary or other insurance service provider, the authority may investigate or examine such insured.
(2) It shall be the duty of such insured to assist the Authority during the investigation or investigation by the Authority in accordance with sub-section (1). (3) If the insured is found guilty as a result of the investigation or investigation conducted in accordance with sub-section (1), it shall be sent in writing to the authorized body in accordance with the prevailing law.
(4) According to this section, the insured or any other person who does not cooperate in the investigation or investigation, commits insurance fraud or commits insurance fraud, may be blacklisted by the authority and prohibited from insuring any business in which such person is involved for five years, if written by the authorized body in accordance with the prevailing law. .
(5) Other provisions related to investigation or investigation of the insured shall be as prescribed.