Re:GE Woes Deepen as SEC Investigation Throws Wrench in Turn...
by daveFNbuck on Saturday January 27, 2018 @02:07AM
(#16245191)
So insurance skepticism means you do your best to understand policies before buying them? What's the alternative to that? Before witnessing sketchy practices, did you just buy whatever the salesperson recommended?
1 - Sell people policies that they don't need, or are inappropriate to their situation.
2 - Charging wildly different pricing for similar policies.
3 - Invest insurance premiums completely inappropriately.
So I become skeptical, and (like many other things) believe I have to really dig in on the policies before buying one. Which means the sleaziness of the business has scared me enough that I'm probably underinsured now.