Life Insurance Company cut off from selling to Military Families

[Monkeyman]

Military bases no place for deceptive sales pitches

After Democrats made this a issue Republicans let it go to court

The government is making strides in assuring GI'S have more protection from deceptive sale pitchs that exploit their conditioned sence of obedience and trust.( Ya the Military make them this way)
American Amicable Life Insurance Co. last week agreed to pay up to $70 million to settle state and federal complaints stemming from allegations that it used misleading practices to sell life insurance to service members. The Company also agreed to stay off military bases for five years and to quit offering a particularly expensive and archiac investment product.


http://vawatchdog.org

[Geoff R. Casavant]

1. This is a good thing

I investigated the deceptive practices of similar insurance companies many moons ago, and I was frankly disgusted by the whole setup.