Get Insured 24/7
Get Insured NowRenew Your Insurance
  • Life & Health Agents
    • Other Professions
  • Guide to E&O
  • About
  • Contact
  • Enroll In E&O Insurance
  • Renew Your E&O Insurance
  • Full Pricing Transparency
  • Blog

Home » When Contrition Finally Overrides Commissions

When Contrition Finally Overrides Commissions

Posted February 25, 2020 by Steve Savant Leave a Comment

The few brave souls that desire to change their ways often request anonymity in their clandestine conversations with me as well as others who promote best practices. I don’t say that from a position of moral authority, just being a fraternal ear to my friends. It’s like operating a confessional. Interestingly, they need to purge their financial indiscretions and find a bit of relief in getting this weight off their chest. And keep in mind that most of their spouses are unaware of their financial indiscretions. But in the final analysis, actions speak louder than words. Putting the client first can only come after you have swept your house clean of bad behaviors and set in order a spartan lifestyle not so much monastic, but fiduciary.

There’s an old saying I’m fond of using with prospects when it comes to oversight of their finances, “Do you want me to operate under catholic guilt or protestant forgiveness?” Even the most evangelical clients like the thought that you would feel guilty over a fiduciary misconduct rather than to default to Shakespeare’s to err is human.

Filed Under: E & O Insurance, Insurance Agent Ethics Tagged With: Ethics, Life & Health Insurance Agent E&O

Leave a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Get Insured 24/7, LLC
"My experience purchasing E&O insurance from your website was exceptional. It was quick, easy and I was able to reduce my cost of insurance by 70%!! Unbelievable! Thank you guys!"
- Dan Ross, Founder and President of Med-Vision, LLC

Don’t forget to renew!

Sign up for a reminder to renew your errors and omissions insurance before it expires.
  • MM slash DD slash YYYY

  • Life and Health Agents
  • Guide to E&O Insurance
  • About
  • Contact
  • Blog
  • Privacy
  • Get Insured

Copyright © 2022 Get Insured 24/7 LLC. All Rights Reserved. Web Credits