News24 | The dark world of insurance fraud – including murder for insurance

Maya Fisher-French

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According to the Association of Savings and Investment South Africa (ASISA) murder for insurance is not common.

Oliver le Moal/ Getty Images)

PERSONAL FINANCE

Anyone who doubts that insurance companies pay out on death claims, should read Killer Cop, the Rosemary Ndlovu story. Over a period of six years, she had family members murdered and collected over a million rands in both funeral and life cover. While her story is one of a psychopathic serial killer, it also about the fraud she perpetrated on the insurance industry.

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