The Most Common Types of Life Insurance Fraud

The Most Common Types of Life Insurance Fraud

Life insurance fraud costs the industry hundreds of millions of dollars each year, and it can burden family members with an agonizing set of circumstances. It often involves deceiving family members or business partners, and among those horrors, it translates to higher rates for honest policyholders. In once case, a woman and her husband found that their son had somehow managed to change the ownership names and beneficiary on a life insurance policy. She and…

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