• Report: #473634

Complaint Review: Bankers Life & Casualty

  • Submitted: Mon, July 27, 2009
  • Updated: Mon, July 27, 2009

  • Reported By:Brooklyn New York
Bankers Life & Casualty
Wheelers Farm Road Milford, Connecticut U.S.A.

Bankers Life & Casualty I was also duped and ripped off by this company, one of my worst experiences in life. Milford Connecticut

*Consumer Comment: Bankers Life & Casualty...

*Consumer Comment: Bankers Life & Casualty...

*Consumer Comment: Bankers Life & Casualty...

*Consumer Comment: Bankers Life & Casualty...

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I like the other ex-employees of this company was contacted in a dubious marketing technique, they make you promises and guarantees that turn out not to be true at all. Ileft a steady job in a school district for this, I felt brainwashed afterwards because it turned out to be one of the greatest mistakes of my life, i'm not joking, my car got taken away. I ended up with a negative amount in my bank when everything was said and done. I had to work under extreme pressure from one of my supervisors, I was told to lie to people, make calls to people that had not responded to mail at all. After a year and a half I decided to leave, as soon as I left I made sure I had no chargebacks and did not owe anything to the office, as a matter of fact they kept a small bonus check I never picked up. They went out and re-wrote a bunch of policies that I had just finished writing and also the ones pending. I am still receiving letters from Stuart and Alllen to this day asking me for over $4,000 in chargebacks, I cannot believe that a company would run business in this manner. if given access I can prove that I do not owe this money. it costed me a lot including my family, because my 11 year relationship with the mother of my only child ended because I was not making any money with this stupid multi level scheme that they run. New agents have no chance at all, my story was similar to a whole bunch of guys that worked with me during that period. someone needs to take a look at what's going on in those units. I would go into more detail, but it could take me all night writing all the schemes and false promises and kies that these people use to take advantage of people. I am broke because of them, and it took me about 6 months to find another job, for way less than what I was making. Shame on you Bankers Life of Milford CT, shame on you. I hope someone holds you accountable for what you have done to a lot of people like me.

JBB
Brooklyn, New York
U.S.A.


This report was posted on Ripoff Report on 07/27/2009 01:41 AM and is a permanent record located here: http://www.ripoffreport.com/r/Bankers-Life-Casualty/Milford-Connecticut/Bankers-Life-Casualty-I-was-also-duped-and-ripped-off-by-this-company-one-of-my-worst-e-473634. 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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Updates & Rebuttals

#1 Consumer Comment

Bankers Life & Casualty...

AUTHOR: Edgeman - (U.S.A.)

The local group contacted me about six weeks ago. While I agreed to a meeting on the next day, I did some research on them and decided to cancel it.

A common tactic for Banker's Life & Casualty is to go through online job posting sites such as Monster or even a local site and contact people about signing up. They are invited to an interview where they are given a group presentation.

They sell insurance and pay on commission. That means that you will need to study up and get an insurance license from your state before you can make any money. If you can't go for a while without being paid, this isn't for you.

Some people go for it and make about $40k in the first year and others don't. If you want to sell insurance, it would be more lucrative to get your license and become an independent that represents other companies.
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#2 Consumer Comment

Bankers Life & Casualty...

AUTHOR: Edgeman - (U.S.A.)

The local group contacted me about six weeks ago. While I agreed to a meeting on the next day, I did some research on them and decided to cancel it.

A common tactic for Banker's Life & Casualty is to go through online job posting sites such as Monster or even a local site and contact people about signing up. They are invited to an interview where they are given a group presentation.

They sell insurance and pay on commission. That means that you will need to study up and get an insurance license from your state before you can make any money. If you can't go for a while without being paid, this isn't for you.

Some people go for it and make about $40k in the first year and others don't. If you want to sell insurance, it would be more lucrative to get your license and become an independent that represents other companies.
Respond to this report!
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#3 Consumer Comment

Bankers Life & Casualty...

AUTHOR: Edgeman - (U.S.A.)

The local group contacted me about six weeks ago. While I agreed to a meeting on the next day, I did some research on them and decided to cancel it.

A common tactic for Banker's Life & Casualty is to go through online job posting sites such as Monster or even a local site and contact people about signing up. They are invited to an interview where they are given a group presentation.

They sell insurance and pay on commission. That means that you will need to study up and get an insurance license from your state before you can make any money. If you can't go for a while without being paid, this isn't for you.

Some people go for it and make about $40k in the first year and others don't. If you want to sell insurance, it would be more lucrative to get your license and become an independent that represents other companies.
Respond to this report!
What's this?

#4 Consumer Comment

Bankers Life & Casualty...

AUTHOR: Edgeman - (U.S.A.)

The local group contacted me about six weeks ago. While I agreed to a meeting on the next day, I did some research on them and decided to cancel it.

A common tactic for Banker's Life & Casualty is to go through online job posting sites such as Monster or even a local site and contact people about signing up. They are invited to an interview where they are given a group presentation.

They sell insurance and pay on commission. That means that you will need to study up and get an insurance license from your state before you can make any money. If you can't go for a while without being paid, this isn't for you.

Some people go for it and make about $40k in the first year and others don't. If you want to sell insurance, it would be more lucrative to get your license and become an independent that represents other companies.
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