abhishreshthaa
Abhijeet S
ABOUT INSURANCE FRAUD :
Fraud is committed when a claim is falsified or an insurance application is filled out with untrue or incomplete information .
The actual cost of committing fraud is hard to measure, but the consequences almost always include being dropped by your insurance company and difficulty finding new or affordable cover.
An alleged wrongful act may be handled as an administrative action by the Department of the Fraud Division may handle it as a criminal matter.
TYPES OF INSURANCE FRAUDS:
INSURANCE FRAUDS by PHONE:
ONLINE INSURANCE FRAUD:
:SugarwareZ-170:
Fraud is committed when a claim is falsified or an insurance application is filled out with untrue or incomplete information .
The actual cost of committing fraud is hard to measure, but the consequences almost always include being dropped by your insurance company and difficulty finding new or affordable cover.
An alleged wrongful act may be handled as an administrative action by the Department of the Fraud Division may handle it as a criminal matter.
TYPES OF INSURANCE FRAUDS:
- Medical
- Life
- Automobile
- Worker’s compensation
- Fire
- Property
INSURANCE FRAUDS by PHONE:
- The fraudsters are actually pretending to be officials from the Office of Fair Trading.
- Make bogus claims against their phone insurance.
- This is totally illegal and could well land them with a massive fine if not a jail sentence.
ONLINE INSURANCE FRAUD:
- "The internet is a fantastic, useful tool, yet there are people out there who are using it unlawfully for their own gain," says Graham Cluley, senior technology consultant at IT security firm Sophos.
- Fraud is made possible because the web holds a wealth of information about us. Some of this is put up there by the Government and companies, but we put much of it there ourselves.
:SugarwareZ-170: