ED Magedson – Founder
NAA National Agents Alliance1214 Turrentine Street Burlington, NC 27215 Mesa, Arizona USA
NAA National Agents Alliance Complete Scam to Agents and Clients Mesa Arizona
NAA is a complete scam. I contracted with NAA in March of 2013, in Mesa, Arizona without doing as much research as I should have. To start with the leads are completely outrageously priced, and they have been worked by agents multiple times. In addition they steal all agents residuals for themselves, millions of dollars every year. They pay no residuals like every other company.
The products themselves are complete scams. Their main business is selling life insurance to people in their sixties, seventies, and eighties. People that they see as the most vulnerable and easy to coerce and scam. What makes it a complete scam is that they call it "mortgage protection". People are thinking that they are going to protect their home mortgage. They definetly are not. If they are lucky they will be able to make one years worth of mortgage payments for $300 plus a month premium when their loved on dies. I have also heard that it is almost impossible to collect on this life insurance. I couldn't ethically scam old people out of their money totally misleading them the whole way. I can't believe this is legal. They are really committing FRAUD.
I should have been aware earlier of what a scam NAA is operating. When you go to a meeting they don't talk about their products or scams. They exclusively talk motivational strategies and fly somebody in from the east coast to talk about how much money they make. This company exagerrates the success of their agents like I have never seen before. They can't show you an agents in your area (Arizona) that make money they get people on the phone from Ohio, or Connecticut to impress you. What a complete scam.
To make a bad situation even worse they don't ever let their agents out of their contracts like every other insurance company. Once they sucker you in you can never get out. I have to wait two years to be able to work again fully. PLEASE DO NOT EVER DO BUSINESS AS AN AGENT OR A CUSTOMER. YOU WILL NEVER BE ABLE TO MOVE ON WITH YOUR LIFE. THIS IS BUY FAR THE WORST COMPANY. PLEASE HELP GET THIS COMPANY SHUT DOWN. THEY ARE COMPLETE CRIMINALS DON'T LET THEM STEAL FROM ANYONE ELSE.
This report was posted on Ripoff Report on 10/04/2013 02:39 PM and is a permanent record located here: http://www.ripoffreport.com/r/NAA-National-Agents-Alliance/Mesa-Arizona-85206/NAA-National-Agents-Alliance-Complete-Scam-to-Agents-and-Clients-Mesa-Arizona-1089554. 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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