- Report: #792466
Report - Rebuttal - Arbitrate
Complaint Review: Colonial Penn Life Insurance
Colonial Penn Life InsurancePhiladelphia, Pa Philadelphia, Pennsylvania United States of America
Colonial Penn Life Insurance STOLE MY MOTHER'S MONEY AND SCAMMED HER Philadelphia, Pennsylvania
*UPDATE EX-employee responds: Not exactly true
*General Comment: colonial penn not giving entire picture
*REBUTTAL Individual responds: To William O, Agent Since 981
*General Comment: Computer Acess
*Consumer Suggestion: Important info for people looking to get life insurance.
*Consumer Suggestion: I Agree...
*Consumer Comment: Did NOT cover my Mother's Funeral Expenses
*Consumer Comment: NOT a bogus Ripoff Report
*REBUTTAL Individual responds: two year wait
*Consumer Comment: ColonialPen
*General Comment: I am a licensed insurance agent since 1981. Let me straighten this subject out with the actual truth.
*Consumer Comment: Slow down a little.....
*Consumer Comment: Here's further info from Colonial Penn's website...
*Consumer Comment: Colonial Penn, In my Opinion, is a HORRIBLE company that preys on the elderly.
*Consumer Comment: My condolences, but cannot agree
*Consumer Comment: I really hate to say this
*General Comment: They did notify your mother...
*Consumer Comment: I would suspect that if you read the policy, you would
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An example of how atrocious colonial penn is: If you buy health insurance and you only make 1 payment, then you get ill or injured and must have a major operation. The health insurance company would not dear say we deny your claim because you did not stay healthy for 2 years or more. Colonial Penn is a fraud and they will not get away with it if I have anything to do about it. They claim no medical evaluation and no health questions asked, which is true but this company needs to mention this 2 years grace period to people before they purchase a policy, which they are not doing obviously.
This report was posted on Ripoff Report on 10/26/2011 03:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/Colonial-Penn-Life-Insurance/Philadelphia-Pennsylvania-/Colonial-Penn-Life-Insurance-STOLE-MY-MOTHERS-MONEY-AND-SCAMMED-HER-Philadelphia-Pennsy-792466. 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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