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  2. No, Life Insurance Isn't a Scam. Here's Why

    www.aol.com/no-life-insurance-isnt-scam...

    The insurance company bases premiums on factors like age, health and the chosen term length. The younger you are when you purchase a term life policy, the less expensive it is.

  3. Insurance fraud - Wikipedia

    en.wikipedia.org/wiki/Insurance_fraud

    Insurance fraud refers to any intentional act committed to deceive or mislead an insurance company during the application or claims process, or the wrongful denial of a legitimate claim by an insurance company. It occurs when a claimant knowingly attempts to obtain a benefit or advantage they are not entitled to receive, or when an insurer ...

  4. Frustrated driver slammed GEICO for 56% rate hike on TikTok ...

    www.aol.com/finance/car-insurance-scam...

    Auto insurance costs jumped by 22.2% last month from a year earlier, according to the latest Consumer Price Index data, new vehicle prices actually declined 0.1% and used prices dropped 2.2% over ...

  5. List of scams - Wikipedia

    en.wikipedia.org/wiki/List_of_scams

    A variation of this scam occurs in countries where insurance premiums are generally tied to a bonus–malus rating: the con artist will offer to avoid an insurance claim, settling instead for a cash compensation. Thus, the con artist is able to evade a professional damage assessment, and get an untraceable payment in exchange for sparing the ...

  6. Overpayment scam - Wikipedia

    en.wikipedia.org/wiki/Overpayment_scam

    An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith.In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money.

  7. ‘Car insurance is a scam’: Frustrated driver slams GEICO for 56% rate hike after she failed to read the ‘fine print’ on her policy. Bethan Moorcraft. April 13, 2024 at 2:58 AM

  8. FCC warns of 50-state scam by fraudsters posing as mortgage ...

    www.aol.com/fcc-warns-50-state-scam-221235739.html

    Homeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of thousands of dollars, the Federal ...

  9. Can you hear me? (alleged telephone scam) - Wikipedia

    en.wikipedia.org/wiki/Can_you_hear_me?_(alleged...

    Investigating reports of the supposed scam, Snopes noted that all purported scam targets only reported being victimized after hearing about the scam in news reports. Snopes had contacted the Better Business Bureau, the Federal Trade Commission, and the Consumer Federation of America, none of whom could provide evidence of an individual having been financially defrauded after receiving one of ...

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