Quote Originally Posted by BankComplianceGuy View Post
Not necessarily, you pay us a premium that is not nearly correlated to the actual risk and then when a merchant defaults, we'll give you the runaround, how's that sound???

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Bank compliance guy, it sounds like your cynicism is showing due to being the industry for too long. This isn't (enter shady sounding name here) from the corner writing these policies, this is being worked on by a well known major insurer.