- Report: #823919
Report - Rebuttal - Arbitrate
Complaint Review: LSW
LSWone national life drive, Montpelier, VT 05604 Montpelier, Vermont United States of America
LSW Life Insurance Company of the Southwest Warning!! Do Not take out an insurance policy, surrender charge means you're giving them YOUR money Montpelier, Vermont
*General Comment: Explanation of Surrender Charges
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Point being, be careful. Most insurance companies are out to make money, they are not out to pay off on your policy. but LSW does have a surrender penalty, basically put, you want to get out before your 15 years? then we take your money for free. This policy was taken out in case Iwere to die , my wife can pay off this condo and not lose it. but we intend to move as soon as the veterans affairs renders it's decision on my disability claim anyway.
This report was posted on Ripoff Report on 01/17/2012 11:00 AM and is a permanent record located here: http://www.ripoffreport.com/r/LSW/Montpelier-Vermont-05604/LSW-Life-Insurance-Company-of-the-Southwest-Warning-Do-Not-take-out-an-insurance-policy-823919. 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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