Thursday, January 31, 2008

Consumers admit to insurance fraud, says NU

One in 10 people would exaggerate an insurance claim if they believed they would not get caught and 7% admit to actually committing fraud, says a Norwich Union report.

Insurers often face criticism for using non-disclosure as a scapegoat in order to avoid payouts, but they have also said consumers need to take their share of the blame.

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