ED Magedson – Founder
John Hancock Life Insurance CompanyBoston, Massachusetts United States of America
I had two long standing life insurance policies with John Hancock. At the end of 2007, I had renal cell cancer but a timely kidney stone brought it to light in time to save my life. Had that not occurred, I would have died during the first half of 2008.
In September 2010, John Hancock told me that my policies had an accelerated benefit clause. They repeatedly told me that I need only have had a life threatening illness that would have killed me within two years.
I filed a claim against the policies. They then commenced to play every delay tactic that they could. At one point, they sent a letter dated November 29 but it arrived only on December 11, for instance. Finally, they changed their tune and denied the claim, saying that I had to be currently terminally ill with a malady that would kill me within two years. They have defrauded me out of $440,000.
This report was posted on Ripoff Report on 01/06/2011 09:25 PM and is a permanent record located here: http://www.ripoffreport.com/r/John-Hancock-Life-Insurance-Company/Boston-Massachusetts-/John-Hancock-Life-Insurance-Company-of-Boston-Massachusetts-679769. 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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