Is "AMAIAI INSURANCE INS PREM" fraud?

Written by Julian Sanchez

June 18th, 2024

Medium Risk

What is "AMAIAI INSURANCE INS PREM"?

Amaiai Insurance has been in business since 1985. The company provides various insurance products such as life insurance, health insurance, auto insurance, and home insurance. They also offer specialized insurance policies like travel insurance and business insurance. The company serves individual clients as well as corporate entities. They have multiple branches and operate through both direct sales and a network of authorized agents.

  • AMAIAI: Likely represents the insurance company or provider's name.
  • INSURANCE: Indicates the type of service or product involved, which is insurance.
  • INS: Short for Insurance.
  • PREM: Abbreviation for Premium, referring to the payment for the insurance policy.
  • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn't match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3

    Reconcile

    Reconcile the charges reported by your financial institution against what you've recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
    SimplyWise Community Comments
    Be the first to comment!