Insurance fraud


Insurance fraud or takaful fraud is any of the unlawful and
untruthful act commited by an insurance company. It occur and
may be committed at different points in the transaction by
differnt parties such as policy owners.
The components of insurance fraud are the intention to deceive
and also desire to induce the insurance company
Examples of insurance fraud are creating a fraudulent claim
and also overstating the amount of loss and also misrepresenting
facts to receive payment.

Therefore, you should be wary of the unregistered insurance agent.
Other than that, you should also avoid paying premium in cash.
You should make sure you receive a written policy after the
payment of my first premium.