Life insurers thwart fraudulent and dishonest claims worth almost R1 billion

Featured Story, Medical

September 29, 2016

By

The South African life industry reported a record increase in the value of fraudulent and dishonest long-term insurance claims to a total of R870.7 million in 2015. This is significantly higher than the irregular claims worth R755.2 million detected in 2014. Claims fraud statistics for 2015 released this week by the Association for Savings and …

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