Question

Which of the following is NOT an Insurance Fraud?

1. An insurer knowingly denies a due benefit to the insured/beneficiary.
2. Both employees of insurance companies and claimants indulge in insurance fraud.
3. Fee Churning.
4. Espionage.

विकल्प

• I & II

• II & III

• I & III

• Only IV

Answer 1

Only IV

Explanation:

Statements I, II and III are types/examples of insurance fraud, which are denying due benefits, employee/claimant collusion, and fee churning. Espionage is a cyber/intelligence crime, not insurance fraud.