Even if you want your business to save money at the end of your fiscal year, you know very well that defrauding insurance companies is never a good idea.
Even if you’ve managed to provide fraudulent statements or claims for yourself or your employees, tell yourself that financial institutions will be waiting around the corner when you least know it, no matter the weather.
Indeed, insurance companies, banks and credit unions are refining themselves with technological tools and investigative services that will make you shudder.
Remember that fraud vis-à-vis a financial institution generates a criminal record and a minimum criminal sentence that will require your employer to invite you to pursue a career elsewhere.
You are better off claiming what is right. It’s always more profitable …
In August 2017, Press reported fraud perpetrated to the detriment of Great West Life Insurance Company by nearly 80 employees of a Shaw Direct office in Montreal. Since that time, the insurance company has acquired new means to counter fraud:
“We have developed and implemented sophisticated features for the prevention and detection of insurance fraud. These features include system controls and investigative capabilities, ”said Jeff Macoun, Executive Vice President, Group Client, Great-West Life by email.
You can read the rest of the article on the Insurance Journal.
If you want to report fraud, here you will find the contact details of several insurance companies to communicate directly with the insurers.
For your information
AssuranceCollectiveEnLigne.ca is an independent premium comparator. We do not encourage any financial institution more than another. We represent Assumption Life, RBC Insurance, Capitale, Blue Cross, Desjardins, Manulife, Great West, Empire Life, Humania Assurance, Industrial Alliance, SSQ Financial Group, Sun Life, Union-Vie and others.