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What you need to know about insurance fraud

A talk by normanrbare

About the Talk

January 13, 2015 3:00 AM

One type of insurance fraud aims at unwary policyholders in Jakarta, Indonesia. A lot of people are swindled when they purchase valueless insurance policies. When tragedy happens, and policyholders ask for reimbursement for compensation, they discover they have no coverage.

Fraudsters can take advantage of their victims' be deficient of English, deep-seated practices and cultural traits. New immigrants from Asian countries don’t understand that dishonest persons deliberately start to puzzle individuals who are not fluent in English well.

Insurance contracts are complex. They are generally printed in English. Newcomers almost certainly have small or no familiarity of insurance regulations and laws. Scam artists favor to victim on primitive consumers.

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