Consumer Alert Don’t Insure With A Company Affiliated With Your Bank

Friday, October 31, 2014

Anonymous said...: Bad advice. The writer should say to readers
1) Pay your loans to banks on time
2) Banks invariably rearrange repayment terms where bona fide cases are presented of inability to meet agreed payments
3) Insurance policies are usually ASSIGNED to banks in appropriate cases, which gives them the right to settlements under the policies.
4) if a bank insists on tying the loan to their insurance company, THE CUSTOMER can exercise CHOICE.; November 1, 2014 at 11:36 AM
Anonymous said...: Bad advice. The writer should say to readers
1) Pay your loans to banks on time
2) Banks invariably rearrange repayment terms where bona fide cases are presented of inability to meet agreed payments
3) Insurance policies are usually ASSIGNED to banks in appropriate cases, which gives them the right to settlements under the policies.
4) if a bank insists on tying the loan to their insurance company, THE CUSTOMER can exercise CHOICE.; November 1, 2014 at 1:57 PM