This checklist highlights when the timing of the loss or filing of the claim could indicate fraudulent activity.
Updated on June 12, 2015
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
June 15, 2015
It is not unusual for someone without insurance to have a loss and then suddenly decide that they need to be insured. What then happens is they claim the loss occurred AFTER the policy was written. This is a very common form of fraud and should be watched for. The following checklist can help identify a suspiciously-timed claim, and two of these factors indicate that the claim should be referred to investigators for further research.
This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.
Enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
Quality content from industry experts with over 60 years insurance experience, combined
Customizable alerts of changes in relevant policies and trends
Search and navigate Q&As to find answers to your specific questions
Filter by article, discussion, analysis and more to find the exact information you’re looking for
Continually updated to bring you the latest reports, trending topics, and coverage analysis
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].
Get Answers Directly From the FC&S Experts
Submit your coverage interpretation question to the editors of FC&S for quick and reliable information.