Banks have started selling their customers insurance against the risk of being mis-sold unsuitable financial products. "The FSA can't moan about this one" said a bank spokesman "Think about it - it's a win-win for the punters, er, sorry, our valued customers. In fact, we think it's such a worthwhile product that we're signing our customers up for it by default, and debiting their accounts automatically."
Banks Sell Insurance Mis-Selling Insurance
(4 posts) (4 voices)
The government has prepared a bail out for banks inundated with claims on these policies against this product....
V. Clever and could be developed into other areas such as cosmetic surgery
Has a scary ring of truth about it!Posted 3 years ago #
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