Study On The Risk Prevention Of Life Insurance Fraud In China

Insurance is an indispensable part of finance.It realizes the function of economic compensation through operating risks,so it becomes an important part of the social security system.Since the reform and opening up,China’s insurance industry has achieved rapid development and become one of the fastest growing industries.In 2019,China’s premium income reached 4,264.5 billion yuan,and the high premium income made China’s insurance market the second largest in the world.Under the background of the rapid development of insurance,insurance products are updated quickly and cover a wide range,providing different services for different social strata.But insurance and insurance fraud is always like twin children in general,tightly tied together,with the rapid development of the insurance industry,insurance fraud is also emerging in endlessly,a hundred tricks,the wrong people through insurance information asymmetry loopholes,insurance fraud,delusion through insurance fraud to obtain ill-gotten gains.Insurance fraud is of great harm,it is not only harm the interests of consumers and the insurance company,it is directly hurt insurance foundation,the principle of utmost good faith,disturbed the social climate,influence the reputation of the insurance industry,even a disguised form of ascension insurance price of the product,thereby harming the development of the insurance industry.As an indispensable part of the financial industry,insurance is bound to affect the overall development process of the financial industry and the development of social economy.Since the occurrence of insurance fraud,the representative of the United States,the United Kingdom,Japan and other developed countries are also making continuous efforts to solve this problem and fight against insurance fraud.In view of the early development of the insurance industry in these countries,the insurance system is relatively complete,together with continuous efforts,is to find some ways to prevent insurance fraud.However,the development of China’s insurance industry is relatively late,and the ability to prevent insurance fraud still needs to be improved.There are certain deficiencies in legal supervision,internal control and public awareness,which give some people opportunities to take advantage of the evil intentions.Therefore,it is urgent for China to strengthen antiinsurance fraud.This paper in recent years,the heat island of phuket to kill his wife costs,through the methods of fraudulent risk at home and abroad were reviewed and summarized,and an analysis of the practice of insurance fraud,further deepen understanding the dangers of insurance fraud,combining the practice of developed countries to further study how our country should take measures to prevent the insurance fraud,from the aspects such as legislation,the insurance company internal control,awareness,respectively are also proposed.