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Japan Post Insurance Suspected of Misleading Customers

Japan Post Insurance Suspected of Misleading Customers

   Tokyo, June 24 (Jiji Press)--Japan Post Insurance Co. <7181> has encouraged some of its customers to switch to insurance products that could be disadvantageous to them, informed sources said Monday.
   An internal investigation found that in November 2018 alone, there were some 5,800 cases in which customers were advised to cancel their existing insurance policies and switch to new products with higher premiums for almost the same coverage, the sources said.

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