What is a Fraud Notice?
Fraud is a serious crime that occurs when a person knowingly tries to cheat or mislead others, typically through false information. Misrepresentation and concealment are forms of fraud. A fraud notice happens when a person willfully files incorrect information with a pet insurance company to mislead them. Fraud notice is a crime with severe criminal and civil penalties. Depending on the severity, fraud can be charged as a felony.
What’s Considered Fraud?
Many pet insurance frauds occur in one of the following ways:
- Filing a false claim for insurance coverage, knowing that their insurance claim is incorrect.
- Creating a fake veterinary bill
- Reporting an exaggerated cost for a veterinary bill
- Filing several claims for the same veterinary bill.
- Providing false information on your pet insurance application - such as lying about your pet’s breed, age, or existing medical conditions.
Key Takeaways
- Fraud notice happens when a person knowingly misleads an insurance company with falsified information.
- Examples of pet insurance fraud notice include filing a false claim or providing incorrect information on your pet insurance application.
- Fraud is a crime with severe criminal and civil penalties.
