Description
Life insurance fraud is becoming more common learn how to detect these acts and prevent them from happening.The insurance industry is among the most heavily regulated industries in America. Despite intense regulation, insurance fraud is prevalent, costing the insurance industry billions of dollars every year. This topic will enable you to understand the various forms of life insurance fraud identify the warning signs of fraud, and acquire best practices for preventing fraud. The information will benefit both life insurers and consumers in learning how to avoid the costly consequences of fraud.
Date: 2022-02-09 Start Time: End Time:
Learning Objectives
Introduction to Life Insurance Fraud
• What Is Life Insurance Fraud?
• The Effects of Life Insurance Fraud on the Insurance Industry
• Statistics
Types of Life Insurance Fraud
• Application/Underwriting Fraud
• Claims/Death Fraud
• Agent Fraud
• Forgery
Identifying Warning Signs of Life Insurance Fraud
• Warning Signs for Insurers
• Warning Signs for Consumers
Best Practices in Fraud Prevention
• Training Employees in Fraud Prevention
• Implementing an Effective Special Investigative Unit
• Analytic Technologies Available for Fraud Prevention
• Consumer Strategies for Avoiding Fraud
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Alexander (Alex) B. Feinberg-Maynard Cooper & Gale, P.C., Mary Caroline Wynn – Maynard Cooper & Gale, P.C.
