Coercion

Intermediaries argue that banks will coerce customers into purchasing insurance products. Although such a threat certainly exists, the infrequency of reported incidents in current bank/insurance activities does not indicate a widespread problem
- German insurance supervisory authorities prohibits the linkage of insurance contracts and loans if the face amount exceeds the total loan

Intermediaries argue that banks will coerce customers into purchasing insurance products. Although such a threat certainly exists, the infrequency of reported incidents in current bank/insurance activities does not indicate a widespread problem