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I had an appointment with customers who told me they had a visit from a Banker's agent last week
I have heard the stories before from other customers that Banker's agent aproached their door just as they were arriving coming home -as if the agent was stalking their home.
I have heard the stories were consumers were told that the Banker's Plan F was the best plan ever made , never increases in price and the claims are handled better than any other plan F because the agent handles the paperwork themselves.
I have heard the stories were consumers tell me they bought a policy from the Banker's agent and gave the agent a check but they were not given any written material such as an outline of benefits,receipt, buyers guide etc
But today I heard a new one where the agent who assumed the plan F was sold ,even though she had not given any written material to prospect,asked that the check be payable to her the agent so that she could get her commission faster.The premium for plan F 65 male is about 210.00 but she was asking for a check for 250.00 me made out to her.I am wondering if she was going to " bundle " a final expense policy without the customer knowing and submit the initial premiums with money orders after she cashed the check.Anybody else seen this?
I have heard the stories before from other customers that Banker's agent aproached their door just as they were arriving coming home -as if the agent was stalking their home.
I have heard the stories were consumers were told that the Banker's Plan F was the best plan ever made , never increases in price and the claims are handled better than any other plan F because the agent handles the paperwork themselves.
I have heard the stories were consumers tell me they bought a policy from the Banker's agent and gave the agent a check but they were not given any written material such as an outline of benefits,receipt, buyers guide etc
But today I heard a new one where the agent who assumed the plan F was sold ,even though she had not given any written material to prospect,asked that the check be payable to her the agent so that she could get her commission faster.The premium for plan F 65 male is about 210.00 but she was asking for a check for 250.00 me made out to her.I am wondering if she was going to " bundle " a final expense policy without the customer knowing and submit the initial premiums with money orders after she cashed the check.Anybody else seen this?