Tuesday, May 20, 2008

Britons Underestimate Seriousness of Insurance Fraud

Exaggerating or lying on an insurance claim may seem like a sneaky but harmless way of making some extra cash, but the reality is that consumers are now more likely to get caught than before, and with increasingly serious consequences.

Insurer RSA’s latest fraud survey assessed how likely people are to lie when making a claim, together with general attitudes towards insurance fraud.

The survey revealed that 1.2million Britons did not view this type of fraud as a serious offense.

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