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Faking accidents, faking death, concealing information for health care are examples of ______ fraud. - Commercial Studies

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Question

Faking accidents, faking death, concealing information for health care are examples of ______ fraud.

Options

  • Insurance

  • False Accounting

  • Credit Card

  • Internet and Cyber

MCQ
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Solution

Faking accidents, faking death, concealing information for health care are examples of Insurance fraud.

Explanation:

Insurance fraud refers to criminal measures taken to defraud the insurance procedure. Examples of insurance fraud include inflating claims, faking accidents or deaths, and withholding details to obtain healthcare benefits.

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Financial Fraudulent Practices
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2023-2024 (February) Official
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