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A video explaining the three most important answers to insurance fraud



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A video explaining the three main reactions to insurance fraud

See the full video at https://youtu.be/P2wMCMkoIDM [195659004] Insurers face three main types of insurance fraud: [19659005] of an insurance policy.

  • Fraud in the presentation of an insurance claim.
  • Fraud in the presentation of a claim by a third party.
  • Fraud at the start [19659009] The insured misrepresents or conceals facts essential to the insurer's decision to insure or not to insure the prospective insured. This is a situation where the person applying for insurance deceives the insurer if the risks it is asked to take.

    If the insured is in the application for insurance on a matter which if the truth had been known, would have influenced the decision of the insurer, the insurer may have the right to cancel the insurance, establish that it never existed, repay the premium and deny the insured's claim.

    Fraud (by the insured) In the presentation of the claim.

    The insured is lying about a fact of the insurer's decision to pay or not pay a claim. The insurer who is faced with a fraudulent claim can reject the claim in accordance with the insurance provisions or declare the policy invalid and reject the claim and

    Fraud in the presentation of a claim for damages against the insured.

    In these cases, third parties make a false and fraudulent claim against the insured.

    In all three categories of insurance fraud, the insurer faces the same challenges:

    • how to thoroughly investigate fraud and [1
      9659006] how to prove that fraud is a valid basis for denying a claim.

    The author has also written a major work on insurance fraud, Insurance Fraud and Weapons to Defeat Fraud available on Error! Main document only. http://zalma.com/blog/insurance-claims-library/ and amazon.com .


    © 2020 – Barry Zalma

    Barry Zalma, Esq., CFE, now limits his practice to serving as an insurance consultant specializing in insurance coverage, insurance claims handling, fraud and insurance fraud almost equally for insurers and policyholders. He also acts as an arbitrator or mediator for insurance-related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims lawyer and more than 52 years in the insurance industry. He is available at http://www.zalma.com and zalma@zalma.com.

    Mr. Zalma is the first recipient of the first annual Claims Magazine / ACE Legend Award.

    For the past 53 years, Barry Zalma has devoted his life to insurance, insurance claims and the need to defeat insurance fraud. He has created the following library of books and other materials to enable insurers and their claims staff to become insurance claims staff.

    Go to Barry Zalma videos on Rumble.com at https://rumble.com/c/ c-262921

    Read posts from Barry Zalma at https://parler.com/profile/Zalma/posts [19659007] Listen to the podcast: Zalma on Insurance https://anchor.fm/dashboard/episodes Zalma on Insurance

    Go to Barry Zalma on YouTube- https://www.youtube.com/channel/UCysiZklEtxZsSF9DfC0Expg/ [1965900GototheInsuranceClaimsLibrary–https://zalmacom/blog/insurance-claims-library/

    https://visitor.r20.constantcontact.com/manage/optin?v=001Gb86hroKqEYVdo-PWnMUkV7pkuOvKWNKivLWKKF6LU ]
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