Insurance Fraud | Insurance Detectives in Hamburg

Insurance fraud is a criminal offense and is punishable by imprisonment of up to five years or a fine. In addition to the civil law aspect of compensation claims, there is therefore also criminal liability.

Seek advice from the insurance detectives of Aaden Corporate Investigations Hamburg and receive support in investigating insurance fraud: +49 40 4223 6960.

Intentional Deception to Obtain an Advantage

Insurance fraud occurs in many forms and affects all social classes. It involves the deliberate deception of an employer, an insurance company, or other road users (for example in deliberately staged accidents). As the name suggests, insurance fraud constitutes the criminal offense of fraud; detection by the detectives of Aaden Detective Agency Hamburg therefore automatically results in a breach of contract and leads to claims for damages by the injured party.

Variants of Insurance Fraud

1. In the case of a fabricated loss, the insurance company has no obligation to pay, as coverage only applies to actual losses and no insured event has occurred.
2. In the case of redefining a real loss event for which no insurance coverage exists, there is likewise no obligation to pay. This applies in particular when the policyholder reports false circumstances and feigns the occurrence of an insured event (§ 263 para. 3 no. 5 German Criminal Code).
3. In the case of exaggerating a loss event, an insured loss does exist, but it is falsely claimed that the damage is greater than it actually is.