Aussie insurer gets in trouble and more

P&C insurer Youi has been fined $320,000 due to clever-slash-misleading sales techniques. Imagine telling customers payment intel is required in order to obtain an insurance quote. Then imagine customers paying for coverage they didn’t explicitly purchase. Recall: last year Youi has gotten in trouble with the Ad Standards Board over a TV ad that featured a driver taking his eyes off the road. Bottom Line: sensing a pattern. Moving on. Last month the insurer introduced its YouiRewards program, which offers policyholders half of their premium back in the form of YouiDollars. What’s not to like?

https://www.youtube.com/watch?v=djPEyVO3gjw

Youi. They get you.