That is certainly one way to look at it. It makes the agent seem like a bad guy. Even though the agent has to collect the fee for the CPC, all of the premiums for them get remitted to the underwriter. The agent does not benefit from selling it, though the consumer is not likely to understand that.
It does sound an awful lot like a bad mafia movie: "You might want to pay me for this... else something bad could happen to your money." Hard to instill trust and confidence in your services when the law requires that you inform your client that without this extra coverage their funds are at risk.
Best,
Robert A. Franco
SOURCE OF TITLE
to post a reply:
login - or -
register