• Report: #824538

Complaint Review: National Union Fire Insurance Co.

  • Submitted: Wed, January 18, 2012
  • Updated: Wed, January 18, 2012

  • Reported By: Robert — San Diego California United States of America
National Union Fire Insurance Co.
175 Water St. New York, New York United States of America

National Union Fire Insurance Co. Checking Account in the Red. Cause NUFIC debted my account without my Knowledge or Permission. New York, New York

*Consumer Comment: NUFIC is an AIG subsidiary owned by all of us

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Checked my cheking account this morning and saw it was negative. After reviewing activity I noticed a withdrawel by NUFIC. I had no idea as what that was. Looked up NUFIC on the Internet and am still boggled by how they got into my account and withdrew money from it. I am going to the bank now to deal with Bank of America as I am not happy.

This report was posted on Ripoff Report on 01/18/2012 11:01 AM and is a permanent record located here: http://www.ripoffreport.com/r/National-Union-Fire-Insurance-Co/New-York-New-York-10038/National-Union-Fire-Insurance-Co-Checking-Account-in-the-Red-Cause-NUFIC-debted-my-acco-824538. 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 Consumer Comment

NUFIC is an AIG subsidiary owned by all of us

AUTHOR: voiceofreason - (United States of America)

They partner with all banks to cold call and trick account holders into "signing up" for their bullcrap accident insurance.
They'll twist almost anything you say to their "reps" over the phone as tacit approval to open the account. The partner banks give them your account info. And as long as they honor a cancellation request and you get your drafted funds back, the BBB doesn't give a dang.

Overdrafts caused by those drafts however, you're left to fight with the bank over.

Why this is not considered illegal is beyond me. Simply tell the rep "goodbye" and slam the phone down and they'll sign you up and later play back the recording of you saying "good" to back them up.

The only thing you can safely do when they call is to hang up without a word.

Don't take it lying down. Make the cancellation official, keep records and fight the bank on any fees. And watch for the rest of the year that NUFIC doesn't pick your pocket again.
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