Question

Any action taken with the intention to obtain a fraudulent benefit from an insurance process is an fraud.

पर्याय

• Credit card fraud

• False accounting fraud

• Insurance fraud

• Intellectual property fraud

Answer 1

Insurance fraud

Explanation:

Any action taken with the intention to obtain a fraudulent benefit from an insurance process is an insurance fraud. Such a fraud happens when a person tries to obtain some advantage to which he/she is not entitled. It may also occur when an insurer knowingly denies a due benefit to the insured/beneficiary.