How does whole life insurance build cash value?

Direct answer

You should immediately stop sharing personal information, contact your insurance carrier’s official fraud department, and file a formal report with your state’s insurance regulatory division. It depends on the nature of the fraud whether you should also contact law enforcement or credit bureaus to freeze your accounts.

Consumer protection procedures published by the Coalition Against Insurance Fraud. For additional information on identifying and reporting suspicious activities, see the National Association of Insurance Commissioners‘ resource center.


What this means for you

You should immediately stop sharing personal information, contact your insurance carrier’s official fraud department, and file a formal report with your state’s insurance regulatory division. It depends on the nature of the fraud whether you should also contact law enforcement or credit bureaus to freeze your accounts.

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