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Дата регистрации: 08.05.2018
Banks have penetrated the insurance industry in a big way. Banks are growing mainly through acquisitions but they are also growing through unfair trade practices. I recently lost a large commercial account because my client was applying for a loan. The loan officer told him he may be able to get a point or two knocked off his loan if he had a "full account relationship" with the bank. My client asked what a "full account relationship" meant and the loan officer called in the insurance agent working in the office. Too my knowledge, this practice is illegal.Has anyone else experienced this situation?
I did not find the right solution from the internet.