Low understanding, high commissions challenges for life insurance industry
A Financial Services Council debate has highlighted ongoing sector issues.
Hamish McNicol
Wed, 14 Oct 2020
Life insurers were inundated with calls during the onset of Covid-19.
They were not necessarily new customers ringing up wanting cover, however. More tellingly, there were large numbers of existing policy holders wanting to know the most basic of points: what am I covered for?
“Which means
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Hamish McNicol
Wed, 14 Oct 2020
Contact the Writer: Hmcnicol@nbr.co.nz
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Low understanding, high commissions challenges for life insurance industry
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