Was speaking to a senior person in the life insurance business. Interesting times indeed. Sales are down, and you think ulips are not selling? You gotta be wrong. This company has appointed a big National Distributor to sell their products. Obviously they are selling wrong. Clients signatures are forged, signatures are ‘photoshopped’ on the form, […]
When a banker aged 58 buys a UNIT LINKED PLAN…do you feel sorry for him or say ‘well all your life you did to your clients did you not?’. A banker spends all his life dealing with legal documents, he knows the value of the signature that he puts on the paper, correct? He is […]
Most stories going around in the world are only about dishonest, misselling, cheating agents..do any of you have any idea about a few honest agents? The agency business is funny. Managers get people who are reasonably good in sales, but not too knowledgeable about the product, and make them agents.. here is a story: “I […]
Last week did cheating get legalised or has it always been legal? Well if you are in any industry you see two faces (actually more, but for this article 2 will suffice). One face is by the regulators and the powerful people in the industry and the other one is by the weaker ones. The […]
If you are a little confused about the title of this story, well you should not be. Many people confuse cheap to be inexpensive. Wrong. Cheap is normally meant to denote quality, inexpensive to describe price. Here is a great life insurance agent who met a client. Unfortunately I had not known her client…I met […]