Elderly Americans and Privacy
Written by Marlo on Friday, October 29th, 2010 in Cheap Insurance, Funny Insurance Quotes, Insurance & Registration, Price Comparison, Small Business, Tips For Saving Money.
Last week I wrote about cybersecurity. In this economy, where a great deal of young people search for jobs and there is less financial stability among middle-aged Americans, criminals migrate to “where the money is” and prey upon elderly people. Protecting the privacy of elderly employees and customers should be of special concern to your organization.
Case in point. A story from Mobile, Alabama. An insurance agent there has plead guilty to an indictment accusing her of going to a specific nursing home and surreptitiously signing up its elderly residents for life insurance policies without their knowledge. Why? She received over $3,800 in commissions for the sales. The residents paid hundreds of dollars for insurance they did not request.
