Today many people are very smart to earn money in an easy yet criminal way. Fake insurance claims cost nearly billions of dollars for the insurers every year.
One common sector for the fraudsters to earn immensely is through false insurance claim from Insurance companies. Insurance is a means of protecting one’s property from financial loss. Majority of insurance companies provide various policies to cover the expected cost of losses. This incites the fraudsters to undertake their venture smartly. Many criminals take advantage of insurance claims by providing false or exaggerated information. Due to the ever increasing size of economy and population, the insurance fraud rate is growing immensely in countries like Pakistan, Nepal and Bangladesh.
Though many companies are aware of such fraudulent claims, they are not able to find the right way to disclose the truth. They usually don’t realize the need for verifying the claims brought to them, whether it is health insurance, vehicle insurance, medical insurance, accident insurance and life insurance.
It’s high time they implement a strategic approach to put an end to such problems. It is always best to hire the services of expert professionals (Background Verification companies) to counteract such issues. They investigate cases by fine tuning the enquiries and gather evidences that prove the claims are fallacious.
Headquartered in Chennai, Fourth Force is a private background verification and insurance verification company with a team of 100+ professionals from Intelligence and Government sectors of the country. They have extended their services across distinct sectors like Cab Driver Background Checks, Antecedent verification, Employment Verification, Insurance Claim investigation and Supplier/ Vendor verification.
Fourth Force insurance claim investigation services:
- Recorded or written statements
- Accident scene investigation
- Worker’s compensation
- Property and healthy claims
- Staged death claims verification
- Third part claims
- Fatal accident investigation