WHAT IS LIFE INSURANCE
Life insurance is insurance that pays out a sum of money either on the death of the insured person or after a set period. In order words is a promise between the insured policy owner and the insurer, where the insurer agrees to reimburse the occurrence of the insured person’s death or other event such as terminal illness or critical illness.
Life insurance is an insurance policy that covers not only your life, but your health, accident, business, your kids, your house, and your cars as well as your assets. So be you a kid, an individual, or a company, Life insurance is meant for you, your family, employees etc.
In what ways can there be fraud in a life insurance claim?
In spite of so many restrictions and distinction, so many frauds are occurring due to false claims such asdisappearances, fake medical reports, fake deaths or any other fraudulent activities to obtain financial gain.
There are many ways to make a fraudulent claim which are usually presented to the insurer. Many people also attempt to make post-dated life insurance which refers to a falsified policy that has been arranged after the death of the person but fabricated and appeared to have been issued before death of the person.
We have already experienced such kind of cases, where we successfully find out the truth. Many people will take up hobbies that violate the life insurance policy. However, most of the insurance fraud can be seen in life insurance claims. We have resolved numerous such kinds of cases where it’s difficult to know the truth. We normally collect and find blow facts that lead us to the truth we are looking for though at times people hide the true information surrounding a case but we end up unfolding the mystery behind it.
What are some ways to prevent Insurance Fraud?
- By checking the authencity of the documents provided
- Proof of death
- Date, time and place of death
- Death certificate
- Cause of death
- Details as in those involved with case
- Proof from hospital
Your Life Insurance Fraud can be investigated by <https://www.wia-cameroun.com/insurance-fraud-investigations/> because of its qualified investigators. In order to be verse with Insurance fraud visit our website and be more informed.