- Report: #741519
Report - Rebuttal - Arbitrate
Complaint Review: American General Life
American General LifeHouston, Texas Houston, Texas United States of America
American General Life AGI, AIG my dad's life insurance was cancelled after 20+years premiums, drafts still taken, insurance denied Houston, Texas
*General Comment: Solution To Your Claim
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
AGI was my mom and dad's life insurance policy for 20+ years. Payments were near 500 a month. When my mom died in 2007 they said the policy payments were based on her age at 79. She was 82. A deal to subtract the difference in premium payments was implemented on so that only 17,000 was paid out on a 25,000 policy. The premiums were auto pay draft. We found out soon after her death that my dad had lung cancer. Later, we were notified that a loan was taken on my dad's 150,000 policy which would
create a deficiency in the policy if an adjustment was not made. We requested that the drafts be increased so as to not cause a lapse. The auto drafts increased. Problem solved? Not a chance. In 2009, they sent us a letter saying that because of policy deficiency they CANCELLED his policy. When we tried to straighten up the situation, they wanted him to fill out a NEW APPLICATION for review (he was being treated for lung cancer NOW). My dad, now with no insurance, died before we resolved our complaint. AGI is as crooked as crooked a company could be. I think all of us who lost death benefits from this unethical company should FILE a LAWSUIT. I am only NOW recovering from their deaths and wanting justice.
This report was posted on Ripoff Report on 06/16/2011 10:45 AM and is a permanent record located here: http://www.ripoffreport.com/r/American-General-Life/Houston-Texas-/American-General-Life-AGI-AIG-my-dads-life-insurance-was-cancelled-after-20years-premiu-741519. 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.
Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.