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Archive for August 20th, 2013

Three Reasons You Should Think Twice about Committing Insurance Fraud

Elephant insurance claims

What is insurance fraud, exactly? Generally, it is a willful effort to obtain benefits that people are not actually entitled to. There are multiple types of insurance, and many ways to produce fraudulent records. Here are three things you should consider if you have been thinking about submitting false insurance claims, or know someone who has.

1. Everyone Pays

Do you think that insurance fraud is a victimless crime? Many people who commit fraud say that it is not a big deal because insurance companies charge high prices anyway. The problem here is that insurance companies need to make money. Fraud is not paid for by insurance companies. Rather, it is an expense passed on to other hardworking families who might already be struggling. The average American family, in fact, pays an

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