Here is the link.
Prudential halts some insurance sales through Wells Fargo after ex-employees' whistleblower lawsuit
Shouldn't the Insurance dept of CA caught this. High lapse rate small life policies with non med requirements, most of them happened to be hispanic clients. I would be pissed if someone applied for a small life policy under my name just because I had a checking with them. I wonder how many fake life policies exist. And this is the issue with trying to cram selling life insurance through bank branches.
Prudential halts some insurance sales through Wells Fargo after ex-employees' whistleblower lawsuit
Shouldn't the Insurance dept of CA caught this. High lapse rate small life policies with non med requirements, most of them happened to be hispanic clients. I would be pissed if someone applied for a small life policy under my name just because I had a checking with them. I wonder how many fake life policies exist. And this is the issue with trying to cram selling life insurance through bank branches.