When I tell people the fact that I am about to revealm most of them do a kind of intellectual double take and exclaim, genuinely .... “Surely Not !”
This fact is probavly one of the least understood by the public about the financial services industry.
Here’s the fact :
INSURANCE COMPANIES TRANSACT BUSINESS, WRITE POLICIES ON THEIR CUSTOMERS LIFE TO MAKE A PROFIT
Now that this staggering piece of information is out there in the public domain I would like to examine it a little bit more. read more »