FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET

Moral Hazard stands for the risk of one of the parties changing his/her behaviour at the expense of the other party after a contract is concluded. Moral hazard is usually applied to the insurance industry. This notion of Moral Hazard is manifested in the Insurance industry as people making less effo...

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Autor principal: İsmail YILDIRIM
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Publicado: Fırat University 2019
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Acceso en línea:https://doaj.org/article/18d32b9afb1d4c0bbb4c9ef03f515a64
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spelling oai:doaj.org-article:18d32b9afb1d4c0bbb4c9ef03f515a642021-11-24T09:20:55ZFRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET2148-416310.9761/JASSS2854https://doaj.org/article/18d32b9afb1d4c0bbb4c9ef03f515a642019-08-01T00:00:00Zhttps://jasstudies.com/index.jsp?mod=tammetin&makaleadi=1460988151_14-Yrd.%20Do%C3%A7.%20Dr.%20%C4%B0smail%20YILDIRIM.pdf&key=27430https://doaj.org/toc/2148-4163Moral Hazard stands for the risk of one of the parties changing his/her behaviour at the expense of the other party after a contract is concluded. Moral hazard is usually applied to the insurance industry. This notion of Moral Hazard is manifested in the Insurance industry as people making less effort to prevent the risk of the insured item to be stolen or damaged. Insurance Fraud, on the other hand, is intentionally deceiving insurance companies in order to make unlawful profit. Insurance frauds are the most encountered auto insurance and give heavy damages to the insurance companies. This study addresses the extent of the Moral Hazard and Insurance Fraud followed by the conclusion of an insurance policy and their impact on the insurance companies.İsmail YILDIRIMFırat Universityarticleinsuranceturkish insurance marketfraudsmoral hazardauto insuranceSocial SciencesHSocial sciences (General)H1-99DEENFRTRJournal of Academic Social Science Studies , Vol 8, Iss 36, Pp 203-213 (2019)
institution DOAJ
collection DOAJ
language DE
EN
FR
TR
topic insurance
turkish insurance market
frauds
moral hazard
auto insurance
Social Sciences
H
Social sciences (General)
H1-99
spellingShingle insurance
turkish insurance market
frauds
moral hazard
auto insurance
Social Sciences
H
Social sciences (General)
H1-99
İsmail YILDIRIM
FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET
description Moral Hazard stands for the risk of one of the parties changing his/her behaviour at the expense of the other party after a contract is concluded. Moral hazard is usually applied to the insurance industry. This notion of Moral Hazard is manifested in the Insurance industry as people making less effort to prevent the risk of the insured item to be stolen or damaged. Insurance Fraud, on the other hand, is intentionally deceiving insurance companies in order to make unlawful profit. Insurance frauds are the most encountered auto insurance and give heavy damages to the insurance companies. This study addresses the extent of the Moral Hazard and Insurance Fraud followed by the conclusion of an insurance policy and their impact on the insurance companies.
format article
author İsmail YILDIRIM
author_facet İsmail YILDIRIM
author_sort İsmail YILDIRIM
title FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET
title_short FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET
title_full FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET
title_fullStr FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET
title_full_unstemmed FRAUDS AND MORAL HAZARD PROBLEMS IN INSURANCE: AN ASSESSMENT FOR THE TURKISH INSURANCE MARKET
title_sort frauds and moral hazard problems in insurance: an assessment for the turkish insurance market
publisher Fırat University
publishDate 2019
url https://doaj.org/article/18d32b9afb1d4c0bbb4c9ef03f515a64
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