False_insurance_claims False_insurance_claims

False insurance claims - Definition and Overview

Related Words: Annuity, Assurance, Bond, Cover, Deductible

Insurance fraud or false insurance claims are insurance claims filed with the intent to defraud an insurance company. While it is difficult to estimate the prevalence of petty examples of this, some spectacular examples have been documented.

  • Former British Government minister John Stonehouse went missing in 1974 from a beach in Miami. He was discovered living under an assumed name in Australia.
  • Derek Nicholson and Nikole Nagle were accused of attempting to defraud a life insurance company for $1 million after Mr Nicholson apparently went missing in New Jersey in July 2003 and Ms Nagle reported him missing and made a claim on the policy.

External links

  • BBC article (http://news.bbc.co.uk/2/hi/americas/3734274.stm)

Example Usage of insurance

dcgnewsfeed: Mercury insurance Reaches Out to Victims of Tropical Storm Ida: LOS ANGELES, Nov. 10 /PRNewswire-FirstCall/ -- .. http://bit.ly/3kTZif
GlobalHybrid: Sen Nelson (@SenBenNelson): 123 Americans die everyday for lack of health insurance! America needs PUBLIC OPTION! #hcr
Smile_YYZ: RT @stevengoldydds Should I get dental insurance for one filling/root canal ... http://bit.ly/1kUskq
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