California Insurance Commissioner Dave Jones announced that his office, along with other states, have reached an agreement with ING over the misuse of the Death Master File. This follows after similar agreements were reached with other carriers earlier this year. ING has agreed to pay $10.7 million to insurance regulators.
Posts related to life insurance, term, whole life, burial, final expense, if you need it.
The actions of AIG amount to elder abuse. They depict the slimiest business practices possible with a product pitched to protect families: life insurance.
What life insurance agent would help a drug dealer or terrorist launder money? It’s not as if you actually know the nefarious intent of your client.
Then, there are those who head off to work, putting themselves in harms ways or working a high-risk job on a daily basis.
Final expense insurance plans are generally whole life policies with death benefit amounts from $2,500 to $25,000 and issued between the ages of 50 – 80.
One afternoon I was with my ‘Sales Leader’ working with a couple applying for health insurance, when I noticed that we were missing a document. I started to excuse myself to go out to the car and retrieve it. The ‘Sales Leader’ shot me a look, raised his hand and said in a whispered voice, […]