You South Africa

Insurance fraud: 7 things you should know

Send suggestions for topics and requests for info to yourmoney@you.co.za. We may answer your questions in this column but won’t reply personally.

INSURANCE fraud is nothing new and people have been submitting false information on claims for ages. Last year, SA life insurers uncovered 4 287 fraudulent claims totalling R787,6 million, according to the Association for Savings & Investment SA (Asisa). To be fair, people sometimes genuinely make mistakes, but fraud is mostly committed deliberately.

You’re reading a preview, subscribe to read more.

More from You South Africa

You South Africa2 min read
Brad Abuse Claims
IT’S been nearly eight years since BRAD PITT and ANGELINA JOLIE started their divorce proceedings and the jabs are still flying between them. In the latest developments Angelina (48) has filed court documents claiming Brad (60) was physically abusive
You South Africa5 min read
Scrabble Made Simpler
THE thrill of getting a Q on a triple-word score. The joy of putting down all seven letters and getting a 50-point bonus. The agony of having a tray full of vowels. The oh-yeah of going out first and receiving the value of your opponent’s leftover le
You South Africa4 min read
I Will Get You!
THE news was beyond shocking, beyond comprehension. Her beloved daughter, the mother of her grandchildren, was gone – and she’d taken her own life. But how could it be? Her child would never leave her children. This was the question that kept nigglin

Related Books & Audiobooks