Fraud Notice

by Pawlicy Advisor
Pet Insurance Terms
Fraud Notice

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.

Continue Reading

Guaranteed Renewable
Some pet insurance providers offer plans that are ”guaranteed renewable”, a feature that guarantees the pet owner’s right to renew their pet’s coverage every year, regardless of their pet’s age or health status.
Read More.
Hereditary Conditions
Hereditary conditions are health disorders that are more common in specific gene pools among pet breeds.
Read More.
An illness (sickness or disease) is a state of poor health caused by many possible reasons including pathogens, parasites, organ failure, and or immune response.
Read More.

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