- 4,628
DHK.. I know you are a smart respectable individual. I sincerely believe that and enjoy reading all your post/comments, but In my opinion, you shouldn't be able to sell these products to clients who are not 100% aware of what exactly they're buying as well as where they "excess premium" is being allocated to. It's our job to know and teach the mechanics and how the policy works to the client before getting their approval.
Honestly, people need to take the time to read and realize what they are signing
While i agree in theory to your premise, If this was the case, no one could ever buy a home or a car or be able to take out loan, they couldnt sign up for a cell phone or cable TV. The contracts are written by lawyers to comply with regulations. They couldnt buy the car repairs needed on their car unless they studied how a car engine or components worked to understand how the repairs might help their car run better.