Insurence

California to NRA: Stop selling insurance for gun injuries - CBS News

California has ordered the National Rifle Association to stop selling an insurance policy that covers legal costs for injury or damage from legally using a gun. The state Department of Insurance on Tuesday issued a cease and desist order saying that the NRA sold an unlicensed insurance product in the state. The order carries a potential fine of $5,000 a day for violations. The order refers to the Self-Defense Insurance Policy included in the NRA's Carry Guard membership program. The policy covers some legal costs from criminal cases or lawsuits that arise when a gun is used for self-defense, recreation, hunting, or when a weapon fires accidentally. About 2,400 Californians are policyholders...

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Former insurance employee lifts lid on ‘world’s greatest legal scam’

British backpackers laughed about flogging insurance to indigenous Aussies while raking in thousands A FORMER employee has lifted the lid on what he claims is a disgusting sales culture inside high-pressure insurance call centres. BRITISH backpackers flogging exorbitantly priced funeral insurance to indigenous communities referred to their targets as “Abos” and joked about the “legal scam” while raking in thousands of dollars in commissions, a former industry insider claims. Luke Edwards worked in customer retention at Freedom Insurance, the publicly listed firm that signed up a 26-year-old with Down syndrome, from January 2016 to February 2017. Before that, he...

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Freedom Insurance staff hung up on customers who tried to cancel policies, inquiry told, Australia news, The Guardian

Staff working for Freedom Insurance hung up on customers trying to cancel insurance policies, did not like taking no for an answer and still charged premiums after customers tried to cancel policies, the banking royal commission has heard. A customer consultant working for the company also labelled a father a “bloody whinger” for complaining when insurance was sold to his intellectually disabled son, who has Down’s syndrome. When the father attempted to have his son’s policies cancelled, Freedom staff ridiculed him in instant messenger conversations. The banking inquiry heard more evidence on Wednesday about the tactics Freedom employed to prevent customers cancelling policies. If a...

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