This course will provide the student with an understanding of what insurance is, the different lines of insurance, and what each line covers. The student will also learn what an insurance policy is and what is typically included in each policy. We will discuss the claims process, and learn important and common definitions used in the insurance industry. You will learn what bad faith is and how to avoid it in the course of an investigation.
Once the student has an understanding of what insurance is and how it operates the student will learn what Insurance Fraud is, who and what insurance fraud effects, the cost and widespread of fraud, examples and consequences and well as efforts to reduce fraud and who might commit this crime. The student will learn how an adjuster may handle a suspect claim, how to identify a suspected claim, investigation techniques used by the adjusters and investigators, as well as learning the indicators of insurance fraud.