Ways South Africans have tried to scam insurance companies
By: Kaya 959 News South African life insurers reported a 12% increase in fraudulent and dishonest claims across all lines of risk business in 2020 when compared to 2019. The highest incidence of fraud and dishonesty last year took place in the funeral insurance space, where a total of 2,282 claims were found to be fraudulent or dishonest. Policyholders and beneficiaries received claims and benefit payments worth R522.7-billion from South […]