Fraud constitutes a drain on the profitability of life insurance companies worldwide. The premiums paid by the policyholders are also impacted and subsequently increased because the insurers cannot operate at a loss. With globalization, fraud is no longer prevalent only in domestic claims. These days, multimillion single claims originate from around the world and the fraudulent claimants get smarter every day with ruses to deceive the unwary insurer. Under this link, we will discuss these claims, the case notes, that convey sound lessons for the Claims Examiners, Investigators, as well as the entire spectrum of audiences who read insurance investigation reports.
In the articles, the first country in Capitals denotes the origin of the claim. The second country is the location of the insurer.