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PDF Editor FAQ

Why does insurance company requires sworn statement in proof of loss?

So that you can be charged with any number of crimes if you lie. Lying under oath is more serious than just lying. One is a crime, the other is not. Of course, insurance fraud is a crime too.Sometimes, people who plan on lying decide to tell the truth when they are sworn to do so. For some reason, that oath makes them think twice about lying.

Have you ever had an Examination under oath for an Insurance company? If so, what was your experience and how did it turn out after that?

The examination “under oath” usually takes shape as a sworn oath at a deposition pursuant to a claim in litigation, and then, if the matter goes to court, when “taking the stand.”Otherwise, such statements as may be supplied in connection with adjusting a claim (Notice of Loss, Proof of Loss, etc.) are conditioned upon the “sworn statement” of the claimant, such that, “I do swear and attest that the statements made in this document are true and correct to the best of my knowledge and belief, etc…”No big deal, really. As long as you are telling the truth and leaving nothing out.Hope that helps.

How do you complete a sworn statement in proof of loss?

You tell the truth, the whole truth, and nothing but the truth. You then sign the statement saying that you understand the consequences of not telling the truth, often in front of a notary.

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