3 ms·

>Once again: the worst that an insurance salesperson can do is sell you bad insurance. They're not actually involved in medical procedures, so any harm they can

>Once again: the worst that an insurance salesperson can do is sell you bad insurance. They're not actually involved in medical procedures, so any harm they can do is financial. That's it, huh? Just financial? Only, you might get stuck holding the bag for a bunch of medical bills that aren't covered by some insurance policy you bought, so you get to spend your sick days fighting a legal battle against a company you might never be able to recover a cent from. >"Bank customer support people have just as much" Completely ignorant.

deleted 11y ago
[deleted]
morgante 11y ago
> you might get stuck holding the bag for a bunch of medical bills What part of that is not financial? > Completely ignorant. Is there a licensing requirement for bank CS representatives that I'm somehow not aware of? Ad hominem attacks are not an acceptable form of argument on HN.
- run4yourlives2 11y ago
  As someone in the industry but not in the US, I'd say this is a case where your ignorance (and you are clearly ignorant here) is more of a hindrance than a benefit. Providing insurance advice is the same as financial planning, mortgages, investments and any of a number of professions that are all licenced by the state. The reason for these licences is because not having them creates a wealth of misinformation that can (and historically has) resulted in massive amount of fraud and theft from consumers, because - like you - they generally aren't knowledgeable enough to be able to discern a difference of professional opinion from someone selling snake oil. A licence is a minimum requirement to show to everyone that you have grasped the basic concepts and rules surrounding the product you are advising others on. It does some other things as well, like ensure you have proper E&O insurance and stay up to date with changing legislation, but that isn't its primary purpose. Licencing is a form of consumer protection. End of story. Arguing that it isn't necessary and/or consumers in these industries don't need protection to counter their ignorance (which is the entire reason they are buying advice in the first place) is naive almost to the point of being moronic.

deleted 11y ago

[deleted]

morgante 11y ago

> you might get stuck holding the bag for a bunch of medical bills What part of that is not financial? > Completely ignorant. Is there a licensing requirement for bank CS representatives that I'm somehow not aware of? Ad hominem attacks are not an acceptable form of argument on HN.

run4yourlives2 11y ago
As someone in the industry but not in the US, I'd say this is a case where your ignorance (and you are clearly ignorant here) is more of a hindrance than a benefit. Providing insurance advice is the same as financial planning, mortgages, investments and any of a number of professions that are all licenced by the state. The reason for these licences is because not having them creates a wealth of misinformation that can (and historically has) resulted in massive amount of fraud and theft from consumers, because - like you - they generally aren't knowledgeable enough to be able to discern a difference of professional opinion from someone selling snake oil. A licence is a minimum requirement to show to everyone that you have grasped the basic concepts and rules surrounding the product you are advising others on. It does some other things as well, like ensure you have proper E&O insurance and stay up to date with changing legislation, but that isn't its primary purpose. Licencing is a form of consumer protection. End of story. Arguing that it isn't necessary and/or consumers in these industries don't need protection to counter their ignorance (which is the entire reason they are buying advice in the first place) is naive almost to the point of being moronic.