Sentences with phrase «insurance application fraud»

Last year over 1,500 reports to the Insurance Fraud Bureau's «Cheatline» related to motor insurance application fraud - nearly a quarter of the total calls received.

Industry initiatives, such as the Insurance Fraud Register, MyLicence that allows insurers to check for any motoring offences, and the work of the Insurance Fraud Bureau and the Insurance Fraud Enforcement Department in tackling ghost brokers are helping to reduce the scope for insurance application fraud.»

Not exact matches

Entities that may still have access to your Equifax credit file include: companies like Equifax Global Consumer Solutions which provide you with access to your credit report or credit score, or monitor your credit file; federal, state, and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection purposes; and companies that wish to make pre-approved offers of credit or insurance to you.

An apartment insurance application helps to make sure that fraud is prevented.

An apartment insurance supplemental application doesn't suggest that there's fraud, it's just part of the process of applying for insurance.

Second, if you should pass away and are found to have been intentionally deceitful on your life insurance application, your insurer could deny your claim based on insurance fraud, leaving your family high and dry.

The death occurs within two years of the policy being in - force and the insurance company finds evidence of fraud on the application

If your insurance policy has been active for more than 60 days, your insurer can only cancel your policy if you don't pay your premium or you have committed fraud or lied on your application for insurance.

Commercial contract disputes, landlord and tenant matters, breaches of warranty, fraud, insurance coverage, investor and owner disputes and application of non-competition agreements — you name it, we've got it covered.

Caroline is instructed in a wide range of commercial and chancery disputes including: general contractual disputes; civil fraud; breach of directors» duties; shareholder disputes; derivative claims; jurisdiction issues; applications under the Bankers» Books Evidence Act 1879; joint venture agreements; financial services disputes; insurance / re-insurance; enforcement of foreign judgments; mortgage fraud and claims concerning undue influence.

A social security attorney specializes in handling cases that have to do with Social Security like the denial of Social Security Disability Insurance applications and Social Security fraud (both victims and perpetrators).

Justice Juriansz endorsed that the legislative objectives in creating the EUO were to reduce insurance costs, address fraud and increase accountability within the system, and rejected the application judge's reasoning that the use of EUOs might result in an increase in the overall costs of the system.

If it is determined that fraud or misrepresentation has been committed during the initial application process, the life insurance company has a legitimate right to deny the claim.

Most importantly, it's considered to be insurance fraud if you answer dishonestly on your life insurance application.

The more fraud that creeps into the system, due to those who chose to lie on their life insurance application, would cause harm to the honest applicants, skyrocketing life insurance quotes as a result.

It is the burden of the insurance company to prove that an applicant for insurance lied or committed fraud during the application process.

And applications make it clear that many states can and will prosecute insurance fraud, such as lying on your application.

The MIB compiles data from previous insurance applications so insurers can verify information and combat fraud.

Your life insurance company reserves to the right to rescind a policy in the first two years if they believe that fraud was committed during the application process.

We always suggest that marijuana users disclose, primarily because life insurance companies have a two - year «look back» period where they can deny a survivor's claim because of fraud on the initial life insurance application.

For example, an applicant lies and says they don't have a history of smoking in order to avoid a costly Smoker classification, but dies a year into their policy from lung cancer or some other lung - related affliction, the insurance company can investigate, determine the death was smoking - related, and decline to pay the death benefit because of application fraud.

The death occurs within two years of the policy being in - force and the insurance company finds evidence of fraud on the application

«The only thing, generally, that can void a life insurance policy is fraud on the medical application,» says Rick Nathanson, Seattle - based insurance expert and author of «Can You Afford to Grow Old?»

Insurance companies can not cancel a policy that has been in force for more than 60 days except: If you fail to pay the premium or if you have committed fraud or made serious misrepresentations on your application.

Although some aspects of the application process (such as underwriting and insurable interest provisions) make it difficult, life insurance policies have been used to facilitate exploitation and fraud.

The contestability period lasts for the first two years of the policy and lets the insurance company contest any claim that may raise suspicions of application fraud in the event of your untimely death.

Lying on an insurance application can be fraud, so it is important to work with a knowledgeable life insurance broker who can guide you to the best and least expensive life insurance policy for your particular circumstances.

Because if you commit fraud on a life insurance application, and the life insurance carrier finds out, the carrier will not pay the death benefit.

An insurance company can not cancel a policy that has been enforced for over 60 days unless you have failed to pay the premium, have committed fraud or misrepresented yourself on your application, or have had your driver's license suspended or revoked.

Lying on a life insurance application is fraud and you don't want to risk the life insurance death benefit not being paid out due to fraud.

Insurance companies concerned about insurance fraud can contest any information reported on your application for up to two years after the application has been approved and the policInsurance companies concerned about insurance fraud can contest any information reported on your application for up to two years after the application has been approved and the policinsurance fraud can contest any information reported on your application for up to two years after the application has been approved and the policy issued.

A California life insurance agent had his license revoked and has been charged with fraud, forgery and grand theft for allegedly submitting falsified life insurance applications for senior citizens in order to collect the commissions.

If you're a smoker and you don't tell the truth on an application, you can be charged with insurance fraud.

Even if one never files a claim, lying on the application for insurance is still accountable for fraud case.

Lying about anything during your life insurance application, including whether or not you smoke, is insurance fraud.

An apartment insurance supplemental application doesn't suggest that there's fraud, it's just part of the process of applying for insurance.

An apartment insurance application helps to make sure that fraud is prevented.

The cause of death could be a tip to the insurance company that fraud was committed on the insurance application.

Seasoned investigator and leader with extensive experience in criminal investigation; expertise in cyber security, computer related digital investigations, computer related fraud, fraud auditing, Information Technology (IT) auditing, financial crime, compliance, insurance fraud, fraud detection software application, public employee corruption, confidential / sensitive investigations, background investigation, internal invest...