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Which of the following is a red flag that might indicate that someone is attempting to commit insurance fraud?
Suggested Answer: A
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Rationale for Correct Answer:
Filing a claim shortly after a policy begins is a classic red flag of potential insurance fraud, as it may indicate the loss occurred before coverage or is fabricated.
Analysis of Incorrect Options:
B . One prior claim in five years -- Not unusual by itself.
C . Small electronics/jewelry -- Common theft items, not automatically suspicious.
D . Recently purchased items with receipts -- Strong documentation actually supports legitimacy.
Key Concept: Insurance fraud red flags.
1 comments · newest first
BR
Brynn
2 days ago
I remember discussing how claims made right after a policy starts can be suspicious, so I think A might be a red flag.