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Investments glossary

Unauthorized Insurer


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Then one day, I saw bodies falling from the sky. I witnessed people dying. And that\'s when I decided to turn my life around[...] Being on tour for the first few years was bad. All we\'d do is get drunk and do drugs, but I loved it. Because I was doing something I loved with people I loved[...] And now, 2011, I have a beautiful baby girl and a caring wife and I get to perform for all my adoring fans every day. I am living proof that no matter how bad life gets, it gets better. I am Gerard Way and I survived. You will too.

— Gerard Way

Unauthorized insurer refers to a fraudulent operation in which a company poses as an authorized provider of a financial protection plan when it is not one. Unauthorized insurers take advantage of consumers and sometimes even insurance agents to collect premiums on nonexistent policies. It is illegal for unauthorized insurers to conduct business.

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