Military life insurance sales are a huge market for a small handful of insurance companies. And though military commanders have provided their regulations for the sale of insurance on installations, misuse by insurance agents has grown.
But times are changing, at least in Kansas. The State department of Insurance in Kansas has modified it's laws to "spell out what the state Insurance Department considers deceptive or unfair practices." This is according to a story with The Witchita Eagle newspaper. The new rules now make it so that the Kansas State Insurance Department can revoke licenses for agents that break the rules on military installations, something that they couldn't do before.
Having worked for one of the insurance companies (not anymore) that has seen problems with federal investigators, I can tell you that many of their representatives can easily bypass the rules put into place by military commanders to require registration for on post soliciting. They do this, because many of the agents are retired military and thus still have military IDs that allow them to still get on post.
So I say that it is great that the new rules have been put into place.
Ted
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