Insurance fraud refers to the act of dishonestly deceiving an insurance company to gain money or benefits by making false or exaggerated claims.
Full definition
If you have been convicted of
auto insurance fraud in the last 10 years, or were involved in any fraud or misrepresentation, this will affect your likelihood of obtaining insurance.
This post provides the detailed duties and responsibilities
of insurance fraud investigators, which will help you to understand what they do better if you are interested in the career.
The legislation is primarily targeted at reducing auto
insurance fraud in order to bring down premiums by 15 percent, which was a key Liberal election promise.
You can limit the consequences of your arrest
for insurance fraud by hiring an experienced attorney to defend you.
His experience working both sides of a case has proven invaluable to his clients who have been charged
with insurance fraud, and he can help you defend your case, too.
Car
insurance fraud costs insurance companies a significant amount of money, and those costs get passed along to consumers in the form of higher insurance premiums.
Insurance companies may also
suspect insurance fraud when policyholders claim the loss of expensive items for which they have no documentation.
Truth: To
prevent insurance fraud (coverage purchased when an illness has already taken hold) critical illness insurance policies come with a waiting period.
Although the article identifies higher policy rates as one adverse outcome
from insurance fraud, there are other potential effects from it as well.
Apartment insurance fraud on the application is when you lie about or conceal a material fact that would influence the price or the decision of the company to offer the insurance in question.
Life insurance companies are wary of
life insurance fraud and must verify that the insured is, in fact, deceased.
The presence of this information in combination with full bank account and insurance policy numbers provides ample material for account fraud, financial attacks, and perhaps
even insurance fraud.
It is part of
insurance fraud crime which is targeted at securing free medical insurance to treat health issues that are costly.
She pleaded guilty to third -
degree insurance fraud along with the driver of the vehicle that struck the one she was riding in.
Insurance companies may also suspect
insurance fraud when policyholders claim the loss of expensive items for which they have no documentation.
Many people do not realize that
insurance fraud affects not only the auto insurance companies, but the consumers as well.
If you choose to go via the offline route when purchasing insurance, you should ensure that you fill in the policy documents yourself to
avoid insurance fraud cases.
Home insurance fraud can occur when a policyholder is dishonest with their insurer when filing a claim or about their claim history.
The
term insurance fraud refers to the commission of any act with the intent to obtain an outcome that is favorable, but fraudulent during an insurance claim.
Part of your insurance premium goes towards the money auto insurance companies have to spend on car theft and car
insurance fraud related claims.
In another, rather more depressing story, two people who were part of an alleged
insurance fraud ring are responsible for the death of a family of three back in 1997.
We know that your future is on the line and will do everything in our power to secure the best possible outcome in your
criminal insurance fraud case.
Insurance fraud occurs with every type of insurance — including auto insurance, homeowners insurance, and renters insurance.
While organized crime gets the press, many other forms of
insurance fraud happen on a smaller scale but still add up to millions of dollars.
As auto
insurance fraud continues to become more sophisticated and more widespread, so too have insurers become better organized and better prepared in their efforts to spot a false claim.
Ask the average television viewer this question and they might guess assault, murder and high
stakes insurance fraud.
She was hopeful that this could be expanded to cover not
just insurance fraud, but fraud of all sorts.
Victims of medical malpractice and
insurance fraud need professional help — this law firm is stellar at that effort.
Phrases with «insurance fraud»