Insurance Fraud Investigation

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• Insurance Fraud Investigation

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Insurance frauds have become conventional and are
affecting both the insurance companies and the
consumers. Insurance frauds occur when
individuals or companies stake false claims
staging accidents or false medical cases, etc.
Frauds also result when insurance companies deny
payouts or lose important papers.
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An insurance fraud can be a hard claim. For
instance, burning a building or crashing a car.
On the other hand, a soft insurance fraud is when
the value of a legitimate claim is inflated. Soft
insurance frauds are more common than hard
ones. A professional investigator uses a variety
of tactics to verify the claim
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Surveillance
Surveillance involves keeping track of the
activities of the claimant. It means to ensure
that an individuals claims are backed up by his
behavior. It helps provide evidence against
fraudulent claims.
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Background Checks
It is helpful to investigate the financial
history, credit card scores, past convictions,
etc. of the claimant. The investigator can also
check if the claimer has been involved in any
kind of dispute with other insurance companies.
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Web Research
It is surprising how many fraudsters publicize
their success of fraudulent claims on social
media. They even post pictures, etc. Hence,
social media serves as a good resource to find
evidence against such insurance fraud claims.
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