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Penalties for deliberately misrepresenting information

Insurance fraud is a criminal offense, a type of financial fraud, which is punishable by the Icelandic penal code. It is considered insurance fraud if the insured intentionally provides false or incomplete information which he knows or may know to result in him being paid compensation which he does not have the right to.

In such instansec all rights of the insured due to the particular insurance event are forfeit, according to the Act on Insurance Contracts no. 30/2004.

Report insurance fraud

If you have information or suspect about insurance fraud, you can fill out the form below.

If the Audit Committee is selected as a receiver, NTI's employees and CEO will not be alerted.

*NTI can not guarantee anonymity during the processing of the case.

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