At EUR 1 million fraud in life and health insurance and insurance companies was “executed”

A large increase, which exceeds 50%, after the pandemic records those made through health and life contracts and usually concern false statements, fake documents and attempt to cover health issues and diseases that existed before it. After major lockdowns due to covid-19 and from 2021 to 2022 authorities and researchers detected fraud where the financial benefit was increased by 52.6% in life insurance and 52.1% in health insurance. Overall insurance caught within a year 352 life insurance cases that through a declaration of false evidence or “experimental” attestations led to payments from companies of more than EUR 270,000. Corresponding to the contracts through which the health, hospitalization, treatments, etc. were found 690 cases leading from the insurance side to costs over 637,000 euros. In recent years, however, insurance companies have stepped up controls and are directed towards specific cases where either through special software or through analyst-investigators data suspicious evidence is found, such as buying a health insurance policy and having to use it very directly for a serious health issue or not complying with medical attestations with one’s illness. Vicky Gerasimou (chief editor of insurance daily.gr, editor of am edition)