Every year you pay for the insurance fraud committed by others.
$1.3 billion CDN each year, according to the Canadian Coalition Against Insurance Fraud (CCAIF). This is for general insurance fraud and doesn't include other types of insurance fraud.
Put another way, approximately 10-15% of the claims paid out annually are fraudulent.
Aviva is committed to deterring insurance fraud and supports the Canadian Coalition Against Insurance Fraud. http://www.ibc.ca/ccaif_about.asp
Insurance fraud is defined as any act or omission with a view to illegally obtaining an insurance benefit, according to the CCAIF.
Insurance fraud can happen by exaggerating losses, falsifying information or fabricating fraudulent activities or scenarios.
Consumer Alert (June 2009) — Fake Aviva cheques attempt to defraud consumers. Click here to learn more.