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timothy's complaint:
March 31, 2014
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March 31, 2014
Insurance Company: Globe Insurance Company of Oklahoma
Coverage Type: Life Insurance
- PolicyHolder Service - Inadequate Reimbursement
- Claim Handling - Delays upon Delays
- Claim Handling - Fraud
- Claim Handling - Denial of Claim
- Marketing & Sales - Misleading Advertising
- Marketing & Sales - Misrepresentation
bought$10,000 life insurance for my daughter who was 36 when she died.since the insurance was only in affect 22 months they denied paying on it being it was less than 24 months in effect. she didnt commit suicide.rip of company . i paying every month daughter dies unexpectedly and im told shes not insured. i owe funeral home $8000. dont have it
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April 1, 2014 at 10:21 AM
I am sorry for your loss. Policies do have a two year contestability clause, even if it was not suicide. The company should have provided you with the reason for denial and returned all premiums.