Insurance CE > Illinois > Property and Casualty

Insurance Fraud

Overview

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.

Summary Details

Hours

7.0







Learning Objectives

  • 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


Designed For:

Insurance professionals in all stages of their career


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Course Information

Adding additional credit may change exam requirements.

Access Period: 12 months
Prerequisites: None
Advanced Preparation: None
Delivery Method: Self-Study
PDF Download: Available
Provider of Record: WebCE
Provider Number: 103146
Field of Study: Specialized Knowledge
Last Reviewed: February 2024
Study Level: Intermediate
Approved For: Property and Casualty

Exam

Proctor: No
Passing Grade: 70
Questions: 85



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