It’s a lead generation strategy that is misleading - making people think that there is a state-sponsored citizens life insurance plan that will take care of their final expenses. Technically, a state-regulated life insurance mailer is not a hoax. IS STATE-REGULATED LIFE INSURANCE A HOAX? Therefore, “state-regulated life insurance” is nothing new or special it’s just a marketing trick to fool you into giving away your personal information. In truth, all insurance companies are regulated by the state. The department of insurance will give permission to sell the insurance product once all the requirements are met. The insurance company must provide financial information about the product and the company to get a license.
#Elsewhere kentucky hoax license#
Every insurance company that wants to offer any insurance products in your state must get a license to sell from your state’s department of insurance. You might be asking what is stage regulated insurance? All life insurance companies are regulated at the state level. WHAT DOES “STATE-REGULATED LIFE INSURANCE” MEAN? Additional Questions & Answers On State Regulated Life Insurance.Here’s A Better Way To Find Burial Insurance Or Final Expense Insurance.
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