An Overview of Insurance Fraud
4.4 (9 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
51 students enrolled

An Overview of Insurance Fraud

This course explains insurance fraud, various methods by which insurance fraud is perpetrated.
4.4 (9 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
51 students enrolled
Last updated 8/2017
English
English [Auto-generated]
Current price: $51.99 Original price: $74.99 Discount: 31% off
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This course includes
  • 1.5 hours on-demand video
  • 2 articles
  • 2 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Recognize what insurance fraud is.
  • Explore the methods needed to investigate and defeat insurance fraud attempts.
  • Identify legal bases available to defeat insurance fraud.
  • Explore the reason why it is in the best interest of insurance companies to actively work to defeat attempts at insurance fraud.
Requirements
  • No advanced preparation or prerequisites are needed for this course but experience with insurance policies and the business of insurance is helpful.
Description

Insurance Fraud is estimated to take between $80 and $300 billion a year from the property and casualty insurance industry, raising the prices each person pays for insurance by more than $300 a year.

This course explains what insurance fraud is and discusses various methods by which insurance fraud is perpetrated. It also covers the various weapons provided by statutory law, legal precedent and professional claims handling that enable companies to reduce the amount stolen by fraud perpetrators. Furthermore, it explains the use of red flags or indicators of insurance fraud and the use of an insurance company Special Investigation Unit (SIU) to gather the evidence necessary to assist in the defeat of insurance fraud.

Who this course is for:
  • Anyone interested in Risk Management, Insurance, Ethics or related fields
Course content
Expand all 11 lectures 01:32:26
+ Introduction
9 lectures 01:32:24
Types of Insurance Fraud Cont.
14:30
Liability Insurance Claims Handling
07:39
Good Faith and Fair Dealings
11:43
Suspected Fraud in a 3rd Party Liability Claim
11:15
The First Party Property Claim
13:35
The First Party Property Claim Cont.
09:54
Philosophy of Denial of a Fraudulent Claim
06:02
+ Supporting Materials
2 lectures 00:01
Slides: Insurance Fraud
00:00
Insurance Fraud Glossary/Index
00:00
+ Review and Test
0 lectures 00:00

Review Questions: Insurance Fraud - An Overview

Review Questions
5 questions

Final Exam: Insurance Fraud - An Overview

Final Exam
8 questions