Insurance Fraud
Insurance fraud is any act committed with the intent to fraudulently obtain payment from the insurer.
Examples include the following:
- Deliberately causing an event in which a claim is made on the insurance policy
- If the true facts had been known to the insurer the policy would not be paid out
- Falsifying facts to obtain payments
- Exaggerating existing claims
nsurance companies now thoroughly investigate cases of fraud where there may be extraordinary circumstances such as fire, flood, criminal damage or theft.
