Not sure if this belonged in JP or here. Not meant as a political post, more of a post to provoke people to maybe asking themselves, just how much are those few pennies of savings really worth to me when others, usually WM employees and local communities, seem to end up paying for it?
http://www.grunge.com/26656/shady-secrets-wal-mart-doesnt-want-know/s/image-3823/
As a former insurance agent, #23 blew my mind. Not to keen on #16 either - just nasty!
It isn't legal in TX, and wasn't when Walmart did it anyway. I thought it was illegal in every state. I held insurance licenses in at least 6 different states simultaneously (thru state reciprocity agreements) and didn't realize some states allowed such a practice since I didn't have to take each state's insurance test, only the Texas insurance exam. This is a twist, and I mean a warped twist, on a legal insurance product that I sold in Texas of "Key Man Insurance" a company, or church, might purchase on key employees. In states outside of TX I only ever offered key man insurance to businesses and churches. I would have never written or sold a policy like the ones described in #23 of the link.
Any thoughts? |
