How You Can Report Life Insurance Fraud

Discussion in Scams = To Good To Be True started by Justice • May 7, 2012.

  1. Justice

    JusticeNew Member

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    life insurance fraud will generally cover a wide range of activities from offering false info to perpetrating a death which will result in an insurance payment. This wide range of activities will make it rather difficult for any conscientious individual to report fraud without having some doubts. To be able to support your claims of insurance fraud, you will need to have plenty of evidence.

    1. Make an examination of the health and legal standing of an insurance signatory for determining whether or not insurance fraud has been taking place. You are obligated to report instances where people will sign the name of an elderly or disabled relative for gaining benefits upon death.

    2. Try to assess the money paid out by an insurance policy for determining likelihood of fraud. Your report will have to feature a breakdown of on-going advantages and funeral benefits to offer a basic overview of the gravity of life insurance fraud.

    3. Get in touch with your friends, member of your family or co-workers to be able to learn about past attempts at ethically questionable use of insurance. You will have to follow leads for health, auto or other insurance fraud for showing the character of the party which is in question.

    4. Try to hunt down contact info on any witnesses to acts of insurance fraud for your new report. You should ask them to schedule some time with your own attorney for your official report to add legitimacy to the case.

    5. Try to speed up the reporting process as much as you can by simply utilizing forms over the internet which will allow you to attach scanned paperwork. You will want to send the same paperwork by mail just to be sure, though your online query will most certainly receive them.

    6. Highlight the sort of life insurance which is featured in fraudulent activities for aiding those who will investigate to determine the likelihood of fraud. Certain insurance policies, such as an accidental death insurance policy, offer a narrow definition for payments, which will lead to a certain kind of fraud.

    7. Try to get in touch with a criminal lawyer in your local community who may help complete your official report on insurance fraud. Such a lawyer should most likely be familiar with laws regarding the insurance field as well as the punishment for any criminal activities independent of life insurance for offering your official report the proper context.