ED Magedson – Founder
AIG Blanket Accident Insurance70 Pine Street New York, New York United States of America
I was solicited via telephone in 2/2008 by my mortgage company, Ocwen Loan Servicing FSB or maybe the call came from AIG themselves, anyway:
I was offered a "Blanket Accident Insurance Policy" for being such a great customer of Ocwen.
The cost $14.95/mo added onto my monthly mortgage obligation.
Description: when sold I was informed that even if i "stub my toe in my own driveway" i am covered. i did not work, they said no problem. this is for anyone to protect you. All I needed was a note from my doctor/ER and make all claims timely.
Benefits: max payout $1,000,000 @ 10K/mo plus home care benefits.
My Accident: 2/25/09 i fell in my home. fractured right shoulder and broke my arm in three places, hairline fractures in right knee and ankle.
Denial: AIG who holds my policy/underwritten by National Union Fire Ins. Co. of Pittsburgh, PA said no dismemberment occured. so no benefits. i have read over and over the description of coverage and it is confusing. But I stood my ground and wrote the ins. com. in my state=usless, then i wrote a letter to reconsider and they wrote back that they don't see it my way.
I have finially found and attorney to represent me and file a class action law suit.
We are looking for people who have suffered the same. email me for info.
This report was posted on Ripoff Report on 06/02/2010 01:47 PM and is a permanent record located here: http://www.ripoffreport.com/r/AIG-Blanket-Accident-Insurance/New-York-New-York-10270/AIG-Blanket-Accident-Insurance-National-Union-Fire-Insurance-Co-of-Pittsburgh-Pennsylvan-609638. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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