What follows are just a few of the more common scams. As in real life, there are valid investment opportunities on the Internet. Regulators simply don't have the time to check out everyone. Even legal investments are not necessarily good ones. Learn to look out for yourself.
Many policies provide inadequate or inappropriate coverage.
Make sure you need what is offered. Don't be like the 93 year old woman who thought she was purchasing a valuable health insurance policy, but found she'd bought maternity insurance. You may also find you have purchased a policy which does not include the kind of coverage you need. If you have any doubts about a health insurance policy, discuss it with a knowledgeable friend or other trusted advisor and check it out with the proper agency. The offers make fantastic claims but deliver very little, if anything.