insurance is not fraud it is reality for our country!!

by USMAN » Thu Jun 01, 2006 05:15 pm
Posts: 3
Joined: 01 Jun 2006

insurance is not fraud it is reality fro our country!!.
hit upon on this

Total Comments: 13

Posted: Fri Jun 02, 2006 03:54 am Post Subject: You are quite true !

Hi Usman !
You're absolutely correct in depicting insurance as a reality...and perhaps it much more. But just the way insurance has become a part of our lives today, likewise insurance fraud has become a part of the entire insurance boom !

Hence we dare not term 'insurance' as a fraud, but a simple and helpful tool. But at the same time we must recognize the very existence of another term which gets well associated with it. And its called 'Insurance Fraud' now-a-days. You must be well aware of Tax Evasion being the largest crime in the US closely followed by Insurance fraud as the second. Its high time that we unite and raise an alarm against the malpractices being conducted with the different insurance procedures.

Hence I'm sure that you'd empathize with us and raise our endeavor at laying the focus of our mission.

Posted: Fri Jun 02, 2006 04:29 am Post Subject:

Hi Evan, its nice to hear from you after quite sometime…

Its for sure that Insurance and insurance fraud are two distinct terms but very closely related to each other. In the recent times Insurance fraud has become a more organized crime in our country, especially in the field of car insurance. Some organized rings are operating with view to earn money projecting false promises and claims.

Different segments from within the masses including the insurance companies, agents, lawyers, health association are all involved in these fraudulent practices ….thereby raising the cost of insurance, that is premium. And this in turn affects all of us to pay higher premium rates every year.
We must stop this right now.

Posted: Fri Jun 02, 2006 05:10 am Post Subject: Beware of insurance scams..

Hi friends !
I have faced this tussle once for myself. I was completely ignorant of these dangerous facts and came to know of them quite late, once my insurer got associated with a couple o' scams.
lets beware o' scams...regards.

Posted: Tue Jul 04, 2006 08:48 am Post Subject:

Sometimes and from insurers it is necessary to be careful. Some insurance companies are too dangerous

Posted: Wed Jan 17, 2007 01:54 am Post Subject: in our state

in our state insurance is not a fraud also

Posted: Thu Jun 07, 2007 05:35 am Post Subject:

freom insurancebasis.com/insurance_guide.php Insurance Guide Between meetings, our newsletter keeps members informed of the various projects undertaken by the Association and its members, as well as presenting new trends in the field of insurance fraud, both from a criminal and law enforcement perspective. :(








* System edited : Link deactivated as per forum rule.

Posted: Sat Sep 08, 2007 06:09 pm Post Subject:

i think the insurance is a protection from balefulness. if you are really to be compensated, i think your insurance company will not cheat you.

Posted: Sat Oct 13, 2007 03:48 am Post Subject: Maximize your Claim.

Always complete a home inventory. Close your eyes and think f every item and detail in the room yu are in right now. I guarantee you will leave something out. At the very least, take photos and video of your house/apartment. Secure them somewhere safe. You just never know when you may need them. There are great resources at Digitally Documented's website. Check it out.

Posted: Tue Dec 18, 2007 10:08 pm Post Subject:

i think the insurance is a protection from balefulness. if you are really to be compensated, i think your insurance company will not cheat you.



Yes life, a good insurance company will deliver what you pay for. Some can be a tad zealous about certain things, like nullifying a claim due to you putting fresh paint on a car without telling them.

They do lose a lot of money when you make a claim, but losing a few thousand dollars is much better than losing a few thousand customers. Especially if those customers take them to court over breaking their end of the bargain.

At the very least, take photos and video of your house/apartment. Secure them somewhere safe. You just never know when you may need them.



Thats true Michelle, especially if your leaving a place that you rented out. A less-than-honest Landlord might gyp you out of your security deposit by claiming you left the place a mess. He'll probably say that he had to hire "professionals" and take the money out of your security deposit. Which will sometimes, by astonishing coincidence, be EXACTLY what you paid as a security deposit.

I heard that cock-and-bull story fairly often on an anti-scam forum I went to.

Posted: Thu Dec 20, 2007 07:41 pm Post Subject:

I have record of everything in my house and pictures of everything valuable to back it up, with a list of serial numbers and reciepts if possible to back it up also.

I think the pictures are good, because then you have the proof that you did own it. You can download all your information onto a disc or cd and store it in a safe fireproof place, nice thing about cd's is that you can always edit them too, if you get rid of something, take it off, it you purchase something, add it, etc.

weh

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