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Creditor insurance saga continues

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Life Health Professional | 07 Oct 2015, 08:15 AM Agree 0
A billion-dollar situation that’s gone from bad to worse is validating advisor concerns about creditor insurance
  • Andrewski | 07 Oct 2015, 01:06 PM Agree 0
    Once again it is a case of caveat emptor. Canadian banks have done a fantastic job of "building fences" around their clients, yet the bottom line is most consumers research their next cell phone or TV purchase, while doing zero due diligence when it comes to most if not all of their insurance needs, let alone if consumers even purchase insurance. Financial literacy amongst most consumers is sadly severely lacking.
  • | 07 Oct 2015, 11:51 PM Agree 0
    Is the issue that banks are being held out that their sales techniques are in the rhelm of tied selling giving the customers the impression that the coverage is NOT optional of is the issue that the creditor insurance is not portable?
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