Fraud is a persistent problem for the insurance industry, and it’s one we all pay for. The Coalition Against Insurance Fraud estimates it costs insurers $308.6 billion a year industrywide, leaving customers to recoup the losses with higher rates. People commit life insurance fraud to the tune of $74.7 billion a year, according to the…
The article 3 Common Types of Life Insurance Fraud — and How to Stay Savvy originally appeared on NerdWallet.