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Report: #1182825

Complaint Review: Knights of Columbus - Gatineau Quebec

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  • Reported By: Penny — Gatineau Quebec
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  • Knights of Columbus 45 rue de Villebois, Suite 100 Gatineau, Quebec Canada

Knights of Columbus Fraudulant and Persuasive Lied for the beginning about Dividents! Gatineau Quebec

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I have been with the Knights of Columbus for over nine years now. Both my son (who was 2 at the time and is 11 now) And myself have insurance with them.

While deciding to have this insurance, the agent explained to me how much the dividend would be for my son when he reached 22 saying he would have over one hundred thousand dollars in dividends.. I asked him repeatedly "Is that true?" he said repeatledly that it was! I still was not convinced and asked again.. "Is this true because it looks to good to be true?" And again he said it is!! And so I signed on thinking, this is great I don't have to worry about my sons education it is taken care of now!!

Low and behold it is now 9 years later I called to check how much we have in dividends and my son (who was suppose to have the one hundered thousand at age 22) only has 800 dollars in dividends. I asked how can this be? Seeing it has already been 9 years making him 11 so there is only 11 years left, how can he get that amount if in nine years he only has 800?  The lady on the phone, who was not only the rudest lady ever, told me that at age 22 he will have about 3,000 to 5,000 in dividends only!

So not only was this a lie from the start but also fraud.. He sold me insurance saying this will be what I can expect and it was nothing like it!!

Nowhere was I told when I signed up for this insurance that my son will not get this amount, the agent even showed me proof on his computer how the dividends work and how his will work for him!!

So seeing it on screen in black and white made me believe it..

Now I have to find another way to make sure my sons education is taken care of.. Or is there something I can do?

This report was posted on Ripoff Report on 10/14/2014 09:35 AM and is a permanent record located here: https://www.ripoffreport.com/reports/knights-of-columbus/gatineau-quebec-j8t-8j7/knights-of-columbus-fraudulant-and-persuasive-lied-for-the-beginning-about-dividents-ga-1182825. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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