Sentences with phrase «making false insurance claims»

This came to a head last October, with MacGregor involved in a case that saw two Britons sent to prison for making false insurance claims against Thomas Cook.

Not exact matches

That means that an insurance policy can't be written in a way that would actively encourage false claims to be made.

Therefore, the High Court passed undertakings by which traders committed not to «create the false impression that the consumer has already won, will win or will on doing a particular act win, a prize or equivalent benefit, when in fact taking any action recommended by the [trader] in relation to claiming the prize or other equivalent benefit is subject to the consumer paying money or incurring a cost which is either: (a) a substantial proportion of the unit cost to the defendant of the provision to the consumer of the thing described as a prize or other equivalent benefit; or (b) in the case of a charge stated to be for delivery and insurance, used by the defendant to finance in whole or in part its acquisition, handling or other cost of the making available of that thing, other than the actual cost of its delivery to the consumer and insurance (if any) in transit» (account rendered by the CJEU in C - 428 / 11 at para 20, emphasis added).

It just makes sense for the insurance company to have a duty to defend on renters insurance because it prevents false or fraudulent claims from being paid.

Misrepresentation would be a false claim made by the insured as to a material fact, typically in the form of lying on the life insurance application.

Subsequently, if there is a claim made after 3 years post the commencement of risk or issuance or reinstatement of the policy, the insurance service provider loses the right to cancel the policy on the basis of false statements made in the insurance form.

Normally, claims are rejected only in cases where proper declaration are not made or false facts are stated in the forms while taking Insurance.

Fraud Warning: If the Insured Person or any person acting on his / her behalf shall make any claim or statement knowing the same to be false or fraudulent as regards to an amount or otherwise, then this Insurance shall become void and all claims here under shall be forfeited without refund of premium.

That means that an insurance policy can't be written in a way that would actively encourage false claims to be made.

There are many faces of fraud in the insurance market - using stolen identities to obtain a new policy - or just as troubling, an account takeover to make a false claim or change payee information to receive claim funds.

A false Facebook post is making the rounds claiming that if you don't pay the penalty for not buying health insurance, the IRS can file a lien against your home.

From Speaking of Real Estate: A false Facebook post is making the rounds claiming that if you don't pay the penalty under the Affordable Care Act for not buying health insurance, the IRS can file a lien against your home.