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प्रश्न
Any action taken with the intention to obtain a fraudulent benefit from an insurance process is an fraud.
पर्याय
Credit card fraud
False accounting fraud
Insurance fraud
Intellectual property fraud
उत्तर
Insurance fraud
Explanation:
Any action taken with the intention to obtain a fraudulent benefit from an insurance process is an insurance fraud. Such a fraud happens when a person tries to obtain some advantage to which he/she is not entitled. It may also occur when an insurer knowingly denies a due benefit to the insured/beneficiary.
APPEARS IN
संबंधित प्रश्न
Write a short note on:
Internet and Cyber fraud
Write a short note on False Accounting Fraud.
This fraud occurs when assets of a company are overstated or its liabilities are understated in order to make it appear financially stronger than what it is in reality.
This is a fraud involving property that is protected under patent, trademark, copyright and trade secret laws.
Explain in brief Credit Card Fraud?
Describe Insurance Fraud.
What do you mean by Internet and Cyber Fraud?
Describe in brief various financial fraudulent practices.
What steps can be taken against financial accounting fraud?
What steps can be taken to protect against Intellectual property Fraud?
