Fraud Flashcards by Brian Burnside | Brainscape

Q

Insurance fraud

A

deception against and insurer or an insurance producer for financial gain

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Padding

A

increasing the amount of a claim to make up for deductibles or past premiums paid

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Incurred losses percentage of insurance fraud?

A

10%

How well did you know this?

1

Not at all

2

3

4

5

Perfectly