What is coercion in life insurance?

Coercion in life insurance refers to the use of force, intimidation, or undue pressure to persuade someone to purchase a policy or to accept specific terms. This unethical practice undermines the voluntary nature of insurance agreements and can involve misleading information or threats regarding financial consequences. Such actions not only violate ethical standards but can also lead to legal repercussions for the agent or company involved. Consumers should be aware of their rights and report any coercive tactics they encounter.