Investigating Insurance Fraud Schemes


by Collin Douglas - Date: 2010-07-02 - Word Count: 401 Share This!

No one can suggest that having to work insurance fraud investigator jobs to maintain a source of revenue is stress-free. Having to trace people suspected of theft from various sources such as the government or corporations, is all an element of the job. It isn't a job for everybody nevertheless, for some it tends to match their traits.

If you realize that you maintain an internal passion for fraud deterrence and detection, the career may perhaps be for you. Although there may be times where the tension levels are high and the hours are long, being a certified insurance fraud examiner can be a exceptionally gratifying career. It means serving your community, saving companies from impoverishment and the overall contentment in fighting wrongdoing.

The cost of losses due to fraud, compared to the cost of fraud deterrence and resolution is negligible. Rather than risk loss, it makes more sense to pay for security.

With the sturdy climb in interconnected insurance fraud schemes, work loads for employed fraud investigators are becoming enormously heavy. With that, fraud investigations openings are also growing which is great for work openings.

Areas where this is visible include:

- Auto Insurance Fraud: Where people try to claim prior motor vehicle damage as part of the current collision. Extreme schemes incorporate drivers that stage an accident to claim pay outs.
- Arson Insurance Fraud: Involves determining the cause of fires suspected to be arson. Fraud cases range from crooked company owners trying to con insurance businesses and criminal arsonists searching for a thrill.
- Workers Compensation Fraud: Job related injuries are exaggerated for the purpose of recieving insurance pay outs. Many individuals suspected of fraud are put under close watch and caught in the act.
- Life Insurance Fraud: Regrettably, there is a large amount of homicide cases based around life insurance claims. Numerous counterfeit life insurance claims are centered around horrifying murder cases. Investigators are responsible in several aspects of solving the misdeed.

The insurance business relies greatly on insurance fraud investigation services. Billions are lost within this single section of fraud alone. If it were not for individuals employed in the many fraud investigator jobs around the globe, most corporations would not last.

It seems that every day there is a fresh battle to be fought against individuals who think they can steal from insurance businesses. We are blessed that we have fraud investigation officers bringing justice to the world of insurance scams.

Related Tags: insurance, fraud, insurance fraud, insurance fraud investigator, insurance fraud investigator jobs

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