To make matter worst, Banking, Insurance, and Finance has become one melting pot for the wealthy. Government legislation ends up supporting means to an end for these multi-billion dollar corporations, while Main Street becomes homeless, jobless, hungry, and denied insurance benefits. There is some much private money floating around our government officials now, sometimes it’s hard to tell the difference between who is leading whom.
Insurance was initially created to reduce the risk of losing what most people had when the unexpected occurred, especially since traditional families are no longer extended ones with less helping hands in recovery. This pool of funds is large enough to spread disaster around so policyholders would be sufficiently protected and there would be enough after investments to generate a reasonable profit for Insurance Companies, greed withholding.
When Insured Civil Rights Legislation is put in place to protect policyholders from unfair settlements, denied claims, and extended time frames before money is received, it restores fairness options for people with claims. Just as Dodd-Frank Act helps banking customers by reducing risk of gambling done by banking industry, Republicans in Congress should consider also being proactive for fair interest and credit rates legislation for consumers instead of retreating. This improves the lives of citizens. Financing polices which keeps Social Security Funds from Wall Street along with laws that prevent money to be used in ways which only benefit wealthy citizens rather than all of us, places country directives back on track. Integrity and respect goes a long way in building a better country for everyone.
It’s important to stand up today and tomorrow for fair insurance policy benefits. Until employees along with all policyholders stand united against bad faith practices, they will continue and get worst. Americans don’t deserve to live in poverty for all the hard work they do weekly. Productivity of U.S. Workers are at high levels, while wages are low and paying benefits is optional for insurance carriers.
As long as these three major industries continue to make decisions for everyone, choices will continue to favor Wall Street.
Let me know if you are interested in becoming a #CarAccidentAdvocate.
Every Monday at 7:30 p.m. PST on Blog Talk Radio
Listen to over 100 Free Audio Archives on BTR and iTunes!