Tag: fraud

Why an Insurance Company Would Cancel Your Policy

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Why an Insurance Company Would Cancel Your Policy featured image ichoose.ph

Insurance plays a vital role in your financial well-being, which protects you and your family in times of great need for financial assistance. As you move through life, it stresses the importance of insurance in a long-term plan. Today, many factors can leave you in financial ruin if you are not adequately insured. No matter your situation as a professional, employee, or business owner, an unexpected situation can unravel quickly,…

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Insurance Fraud in the Philippines that you should be Aware Of

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Insurance Fraud in the Philippines that you should be Aware Of featured image

Being a victim of insurance fraud can cost too much in financial, legal court, and emotional trauma. However, avoiding such tragedy can be avoided to be prevented with the right knowledge of how such crime works There are many instances when insurance fraud occurs, for example, when a consumer tries to find insurance for his/her car. According to the Philippine Insurers and Reinsurers Association, car insurance scams in the Philippines…

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