Owners killing their pets to get insurance payouts
News from Telegraph.co.uk:

First it was spurious claims for whiplash and other injuries, then it was “crash for cash”. Now a new type of fraud is affecting the insurance industry – pet scams.

Dishonest claims on animal policies almost quadrupled last year, making it the fasting growing area of insurance crime.

Figures from the Association of British Insurers show there was £1,929,900 worth of pet insurance fraud detected last year – up from just £420,000 in 2009.

However, the true scale, is thought to be far higher and pushing up the average £220 premium. A total of 2.3 million cats and dogs were insured last year and virtually every type of animal can be covered.

The Association of British Insurers is arranging a shared database of information about insured animals to detect fraud.

…………… continues on Telegraph.co.uk
… Read the full article


Related News: