Insurance Fraud

Insurance fraud is when an individual knowingly tries to gain an advantage that he or she is not entitled to, which is done in an illegal manner. Insurance fraud can also be committed when an individual does not allow a benefit that someone is entitled to have. The Federal Bureau of Investigation reports that the most common schemes in the United States today are Premium Diversion, Fee Churning, Asset Diversion and Workers Compensation Fraud.  Filling a false insurance claim is considered to be a type of insurance fraud.

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