Valerie's complaint:
October 03, 2013

Insurance Company: Bankers Life & Casualty Company
Coverage Type: Life Insurance

• Underwriting - Premium Too High
• Underwriting - Cancellation
• Marketing & Sales - Misrepresentation
• General - I feel abused by this company

Frustrated, disappointed but not surprised that a corporation would misrepresent their selves. Six yrs. ago I was sold two policies based on how the Field mgr. presented them to me. My initial request was for whole life policies.Twice they have cancelled at least one of them. There error.Then they sent out another 3 agents & trainees over the years.
My bigger problem is that this company was incompetent by allowing inadequate,misleading & unethical agents loose on unsuspecting prospective clients. All of this resulted in me loosing the policies because I couldn't come up with the LUMP sum pymt along with the TRIPLED scheduled pymt. Again the rich gets richer & the poor man gets scrooged!!

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