ED Magedson – Founder
Guarantee Reserve Life Insurance Company530 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
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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