Insure a non-existent pet for cashback

PPIslayer

No wonder insurance premiums rise with these type of idiots about.

Quentin

PPIslayer wrote: »

No wonder insurance premiums rise with these type of idiots about.

Presumably you are referring to the insurer who offers cashback in excess of the premium, meaning anyone taking up the offer makes a profit on the deal.

Thing is, this is a moneysaving website, and such offers are bound to be of interest to anyone who wants to (save money)!

jason1231972

This type of fraud is probably extremely unlikely to ever be uncovered, but really, for a couple of quid?!

Bear in mind that some cashback offers are slow to pay out. Some don't pay out at all (or so I've read). They usually have some kind of finicky T&Cs, too. So, you could potentially bear the cost of insuring a pet you don't own, and receive £0 cashback, or nothing for a long time at least.

RuthnJasper

InsideInsurance wrote: »

Yes, you cannot insure something that doesnt exist and so if they caught you they would void the policy and for the rest of your life you would need to declare you've had insurance cancelled and potentially double all other premiums as a result.

Obviously the questions is, how likely are they to catch you

Agreed. Knowingly lying on a legal contract HAS to be wrong, in any situation.

If the OP was honest and generous-minded, I would ask if, perhaps, the OP had a less-well-off friend or relative with a pet and offer to pay for the insurance for them as a gift - recording the owner's true details and the fact that he's paying for it on the contract documents, if that's possible...

But coming up with the idea of faking a pet to take out bogus insurance on does not, to me, smack of an honest mind. Surely it's not that far removed morally from faking a car accident insurance claim or a death to claim on someone's life insurance...? It might seem less-drastic, but the basics are the same, aren't they?

This sort of thing might also make firms less likely to offer such jolly perks to tempt genuine customers in the future, which would be a pity.