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Insurance fraud - so worried

3 replies

Itsjustlife · 06/07/2018 16:27

Hi
I've been stupid, really stupid.
I was made redundant in February and was worried financially. I claimed on my payment protection insurance and they paid out from 30 days after my redundancy. So in April i received a payment.
I then got offered a position based on a probation period being successful. Whilst on this probation period i made one more claim and received another payment. I should of stopped it but i didn't so my fault.
They have just called to advise i have committed insurance fraud and want full payment back and will stop my cover which i accept. Its being passed on to the underwriters to see if they wish to take it further and i'm shit scared. Never done anything like this before. I kind of knew i shouldn't claim when on probation but tried to justify it to myself by saying I hadn't completely got the job and had been off sick last year for 5 months with no pay (they wouldn't pay as pre-existing illness).
Is there anything i can do to rectify this? I'm under a lot of stress currently and would like to sort this out
thanks

OP posts:
Violetroselily · 06/07/2018 18:48

So did you have to resubmit the claim form each month? Presumably signing a declaration that you are still unemployed?

They may just cancel the policy and block you taking out any new business with them (best case scenario). Or may take it further, depends on what their appetite is for referring to law enforcement.

Violetroselily · 06/07/2018 18:49

Also they will likely try to reclaim the money if you hasn’t already paid it back

Itsjustlife · 06/07/2018 19:07

I did for the additional month yes, I had started the job but had decided at that point it wasn’t for me. I said I would pay them back immediately the whole lot inc the amount which I was entitled to. I’ve learnt a lesson and explained that

OP posts:
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