A character fakes or deliberately causes an injury or loss of property in order to illicitly get compensation from an insurance company.

Examples:
In "Double Indemnity" (1944), Walter and Phyllis hatch an elaborate plot to kill Phyllis' husband and claim his life insurance, which they first take out in his name but without his knowledge. They must then make the murder look like an accident, in order to trigger the indemnity clause and double the payout.