Insurance fraud involves deceit or dishonesty for financial gain against or by an insurance company or its agents, occurring at any stage of the insurance process. This course provides an in-depth look at insurance fraud for life/health and property/casualty producers, explaining its nature, common types, involved parties, and technologies used to combat it. It concludes with strategies to fight fraud and common red flags indicating fraud.

• understand the effects and implications of insurance fraud
• distinguish between hard and soft insurance fraud
• compare internal fraud and external fraud and cite examples of both
  
• understand the scope of various types of insurance fraud and the schemes used to carry it out
  
• understand how insurance fraud is detected by both sophisticated and low-tech methods
• cite the red flags that suggest insurance fraud in various types of coverage