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Protect yourself against insurance fraud

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(iStock)
(iStock)

Despite its damaging consequences, life or funeral insurance fraud remains a relatively low-key subject in society.

However, this type of fraud has the potential to ruin people’s lives and negatively impact the viability of insurance providers.

Identity theft is the predominant cause of life or funeral insurance fraud – where criminals steal the identities of unsuspecting individuals to defraud life or funeral insurance providers, disguised as policyholders or beneficiaries.

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