Best Practices in Identifying and Preventing Life Insurance Fraud
1 hour 30 minutes
Life insurance fraud is becoming more common, learn how to detect these acts and prevent them from happening.
The insurance industry is among the most heavily regulated industries in America. Despite intense regulation, insurance fraud is prevalent, costing the insurance industry billions of dollars every year. This topic will enable you to: understand the various forms of life insurance fraud; identify the warning signs of fraud; and acquire best practices for preventing fraud. The information will benefit both life insurers and consumers in learning how to avoid the costly consequences of fraud.
• You will be able to discuss the costly effects of fraud on the life insurance industry.
• You will be able to describe the different types of life insurance fraud.
• You will be able to identify several warning signs of life insurance fraud.
• You will be able to review strategies for reducing or preventing life insurance fraud.