Share your needs with us, get contacted by law firms.
Free. Takes 2 min.
Insurance Fraud is considered a serious crime in Pattaya, Thailand. It typically occurs when an insured individual makes a false claim in order to obtain a payment that they are not actually entitled to. Deceptive actions can involve inflating the amount of the loss, creating fake insurance policy, or falsifying documents and information. Detecting and combating insurance fraud is a priority for the Thai government in order to protect the rights of insurance companies and policyholders.
Getting legal advice in cases of insurance fraud is important, both for individuals accused of fraud and those who have fallen victim to it. Lawyers can help to navigate the complex Thai legal system. If you are an insurance holder accused of making fraudulent insurance claims, not only could you potentially be facing criminal charges, but you might also be subject to civil actions by the insurance company. Similarly, if you are an insurer who suspects a policyholder of fraud, a lawyer can help you gather the appropriate evidence and build a solid case.
Thailand has a number of laws dedicated to addressing insurance fraud. The Criminal Code of Thailand (Sections 341, 360 and 364) deals with fraud and deception. Particularly relevant to insurance fraud is the Insurance Act B.E. 2535 and its amendments, which set parameters for lawful insurance practices and establish penalties for fraudulent behaviours. The Act contains prohibitions against presenting false statements or documents to insure an interest, and against inducing, or attempting to induce, a person to enter into an insurance contract by fraudulent misrepresentation. Penalties for insurance fraud can range from fines to imprisonment.
1. What are the penalties for insurance fraud in Thailand? The consequences for insurance fraud can be severe and include fines, imprisonment or both, depending on the severity of the crime. The court may order repayment of the fraudulently received benefits plus interest.
2. How long do insurance fraud proceedings usually take? The length of proceedings in insurance fraud cases can vary, depending on the complexity of the case, the quantity of evidence involved and court schedules. It could take from several months to several years.
3. What can I do if I suspect insurance fraud? If you suspect insurance fraud, it is recommended to contact a lawyer as well as the local authorities and the insurance company involved.
4. Can an insurance company sue a policyholder for insurance fraud? Yes, an insurer has legal rights to sue a policyholder who has committed fraud.
5. Can I appeal a fraud conviction? Yes, a fraud conviction can be appealed, but it is important to seek legal counsel to navigate the appeal process correctly.
The Office of Insurance Commission (OIC) is the government body responsible for regulating and supervising the insurance business in Thailand. The Legal Services Department of the OIC provides advice and assistance on legal matters related to the insurance industry, including insurance fraud.
If you need legal assistance in a case of suspected insurance fraud, it is recommended to consult with an experienced lawyer who is proficient in insurance law in Thailand at the earliest possible stage. Legal advice should be sought before making statements or decisions that may affect your rights and obligations under the law.
