Fraud in a travel insurance policy is when you lie and exaggerate necessary information for the benefit of having bigger coverage or reimbursing expenses or smaller expenses. But all these can lead to serious matters and big amount of consequences like financial and insurance penalties. You should always be exact when you are being asked of certain information or details, no more, no less. Do not falsify and never exaggerate because not only will it bring you drawbacks but it will also affect all the travel insurance policy holders. You have to be aware of every step you take and the consequences your action can cause you especially in claiming or reimbursing fees.