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Legal and regulatory review for the life and health insurance sector

When Consumer becomes anti-consumer

Sonnie Bailey at Fairhaven Wealth has written the article that needed to be written on Consumer's coverage of life insurance. When I read this article I particularly resonated with this line:

"I’m consistently disappointed with Consumer when it talks about insurance."

I believe a lot of financial advisers would agree, along with many in the insurance industry, and many clients that have had good claims paid or felt the limitations of insurance products bought on, say, price alone. Some advisers would put it less politely. My concerns have been such that I wonder about the value of their other research - what technicalities about which I am unaware, are being missed? The article is significant, an 18 minute read, but excellent on every point. Every time Consumer writes about insurance I think I shall write a detailed review of their stance. Now, I don't need to, as Bailey has written it for us. Do read it.

 

 

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