General insurance Do you think people cheat insurance to get away with their funds?

[sincerem]

When it comes to human, not everyone's heart is pure, others might be pretending to be clean in their hearts but that's never true indeed.

When it comes to insurance company's policy about how benefits could apply when the terms are reached between the insurer and the the customer. Their are some individuals who go to seek insurance company's signature in order to be endorsed with them, with a dubious mindset.


Those kind of persons might go into auto insurance company and appear like good persons but having very wrong mindset to use short cut to earn from the company, That's ridiculous indeed.

Even though the insurance company might deploy strategies, policies to curb such kind of actions, still other dubious people manoeuvre their policy secretly.

On your own, do you think its possible for an individual to trick insurance company by making them lose unexpected funds??

 

[Mika]

When it comes to insurance, cheating is a two-way process. Insurance companies cheat on their customers by hiding their clauses in small printed letters (that are barely readable) on the back of their contract papers. Likewise, businesses and individuals cheat on the insurance companies by making fake claims or damaging their property so that they can claim insurance.

 

[Setho]

From what I have seen a lot of people have tried to scam their way to make false insurance claims. Though this might work I actually believe that it is not worth it. Let's take an instance now, a majority of auto insurance companies are not going to buy you a full new car if you should damage yours. The best that you can do is to actually pay part of the money so it is really not worth it.

 

[sincerem]

When it comes to insurance, cheating is a two-way process. Insurance companies cheat on their customers by hiding their clauses in small printed letters (that are barely readable) on the back of their contract papers. Likewise, businesses and individuals cheat on the insurance companies by making fake claims or damaging their property so that they can claim insurance.

I know such kind of things happen, I've witnessed one before in the life an individual whose scrapped car was destroyed just to report to insurance that he had a brutalized accident in order to get refund for the property that was destroyed. Whereas he didn't have a genuine accident he forged it just to gain from insurance.

 

[Wisdom01]

Am very sure that those insurance companies already have technical staffs ready with a lot of strategies to detect any form of dubious activities , some people might actually want to damage his properties so that he could get a new one , but they have experience personell to Know that

 

[sincerem]

Am very sure that those insurance companies already have technical staffs ready with a lot of strategies to detect any form of dubious activities , some people might actually want to damage his properties so that he could get a new one , but they have experience personell to Know that

They have experience personnel that takes over that. Cheating the company isn't an option since they'll be taking serious surveys to get going with with investigation if what transpired is truly justifiable. They aren't dumbed they're very smart when it comes to acting that's why it will be hard yo trick them.