• Report: #1087941

Complaint Review: Guarantee Reserve Life Insurance Company

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  • Submitted: Sat, September 28, 2013
  • Updated: Sat, September 28, 2013

  • Reported By: Wilma Herring — Ocoee Florida
Guarantee Reserve Life Insurance Company
530 river Oaks West Calumet City, Illinois USA

Guarantee Reserve Life Insurance Company $2000 whole life @ premiums of $96/ year after paying for 32 years benefit still only $2000 Calumet City Illinois

*General Comment: what

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 Wilma Herring purchased $2000 whole life insurance from Guaranteed Reserve Life insurance Companyin 1981.

Upon her death in 2013, we sent in for the claim and received only the $2000 face value of the policy even though we had paid $3200 in premiums.


This report was posted on Ripoff Report on 09/28/2013 09:16 AM and is a permanent record located here: http://www.ripoffreport.com/r/Guarantee-Reserve-Life-Insurance-Company/Calumet-City-Illinois-60409/Guarantee-Reserve-Life-Insurance-Company-2000-whole-life-premiums-of-96-year-after-p-1087941. 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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#1 General Comment

what

AUTHOR: buck - ()

how is this a rip off??  well if she told her company  about the problems and they decided not to do anything about it, then that tells me about what they think about her.. so penco product does not care about their employees.. they can allways ban those drivers ffrom coming back

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