MLchartDataset catalogue

Insurance fraud

Term · Law · MLC-T-LAW-002667

Any act committed with the intent to obtain an improper payment from an insurer. This can involve making false claims, misrepresenting facts on an application, or staging accidents. Insurance fraud is a criminal offense and can result in severe penalties, including imprisonment and substantial fines.

Table 1. Record
IdentifierMLC-T-LAW-002667
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002667",
  "term": "Insurance fraud",
  "field": "Law",
  "definition": "Any act committed with the intent to obtain an improper payment from an insurer. This can involve making false claims, misrepresenting facts on an application, or staging accidents. Insurance fraud is a criminal offense and can result in severe penalties, including imprisonment and substantial fines.",
  "url": "https://mlchart.com/terminology/law/insurance-fraud/"
}

Record 2,595 of 5,441 in Law terminology (MLC-0107). Request the full dataset.