A Video Explaining the Three Major Responses to Insurance Fraud

 

Read the full article at https://www.linkedin.com/pulse/video-explaining-three-major-responses-insurance-zalma-esq-cfe and see the full video at https://youtu.be/P2wMCMkoIDM and at https://zalma.com/blog plus more than 3550 posts.

Insurers are faced with three major types of insurance fraud:

 

   1. Fraud in the inception of a policy of insurance.

   2. Fraud in the presentation of a claim by the insured.

   3. Fraud in the presentation of a claim by a third party claimant.

 

Fraud in the Inception

Fraud (By the Insured) In the Presentation of The Claim.

Fraud in the Presentation of a Claim by a Claimant Against the Insured.

In these cases, the third party claimant makes a false and fraudulent claim against the insured.

In all three categories of insurance fraud the insurer is faced with the same challenges: how to thoroughly investigate fraud and how to prove that the fraud is a valid ground for denying a claim.

 

The author has also written a major work on insurance Fraud, Insurance Fraud & Weapons to Defeat Fraud available at Error! Main Document Only.http://zalma.com/blog/insurance-claims-library/and amazon.com.