Insurance coverage fraud statistics show that people today receiving scammed by insurance frauds are on the rise today. Numerous individuals who applied and paid for insurance coverage policies located out later that they have paid for bogus premiums. They have been victimized by overall health insurance coverage frauds and disability insurance coverage frauds. Can you get your money back from a scammer is thus a need to that you defend yourself from scammers who want to deceive you with insurance frauds. Here are three methods that can assistance you safeguard your self from insurance coverage frauds:
Know the insurance corporation that you are dealing with. Numerous insurance buyers are quickly attracted to insurance coverage packages that are affordable and provide more added benefits. Sadly, some of the insurance packages that may be provided to you are as well very good to be true. It is hence to your finest interest if you get to know the insurance business that you are dealing with. Make certain that you are dealing with a legitimate and licensed insurance company by checking irrespective of whether the organization you are dealing with is accredited by the state division of insurance coverage. If the company is not licensed with the state division of insurance coverage, you are likely dealing with scammers.
Generally demand for documents and receipts. Documents can tell a terrific deal about the insurance corporation and the agent that you are dealing with. Make positive that you deal with agents or insurance coverage providers that are licensed to operate by checking about their accreditation documents and verifying these to the state division of insurance. In circumstances exactly where you have to make payments, you have to demand for receipts despite the fact that this cannot fully shield you from fake paper works that scammer can generate. Nevertheless, you will find it noteworthy to steer clear of agents of so called insurance coverage businesses who can not offer you with the exact address and speak to quantity of the insurance coverage firm.
Stay clear of paying in money. If you have decided that you want to avail of the insurance coverage package that has been offered to you, it will be to your advantage if you steer clear of paying in money particularly if you have to spend to your agent. It is constantly very best if you pay by way of check and the amount is payable not to your agent but to your insurance enterprise. This practice aids you stay clear of instances where agents take benefit of the dollars that has been paid to them by the policy holder.
You can shield oneself from insurance coverage fraud by observing very simple practices. Among these practices are being aware of the insurance enterprise that you are dealing with always demanding for documents and receipts and avoiding to spend in cash most especially if you hand your payment over to your insurance agent or broker.