- Report: #176005
Report - Rebuttal - Arbitrate
Complaint Review: PRIMERICA LIFE INSURANCE COMPANY
PRIMERICA LIFE INSURANCE COMPANY3120 Breckinridge Boulevard Duluth, Georgia U.S.A.
PRIMERICA LIFE INSURANCE COMPANY ripoff Duluth Georgia
*UPDATE: Primerica gets a POSITIVE rating from Rip-off Report in customer support & satisfaction. Primerica pledges to resolve complaints from the past, present and in the future, and give 100% commitment to customer service-say Company Executives!
*Consumer Comment: Randy in North Hickory
*UPDATE EX-employee responds: A.W.Williams - Industry Impact, Change Agent
*Consumer Comment: Term rates are plummeting...keeping a term policy 17 years....
*UPDATE EX-employee responds: PFS product misconstrued, somehow
*Consumer Comment: You weren't ripped off
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In three more years, our policy would have been paid up, and we would have had the choice of either taking the money we invested in one lump sum, or using it as a paid up policy with no more premiums.
Because our children were having problems, and I also was having health problems, I forgot "ONE" payment. They cancelled our policy, and because of our newly required health problems, that are being handled carefully by our Doctor, they would not reinstate our policy, even after requesting, and receiving the payment they required.
Yes the payments were sent back to us, but now we are without insurance. We feel they did this because our policy was so close to term ,and they did not want to deal with giving back our money, or possibly paying the insurance if one or both of us dies. I understand business, but I feel very strongly, that after 17 years of a 20 year term life insurance policy, one late payment should have not cancelled our insurance.
WE WERE RIPPED OFF!!
This report was posted on Ripoff Report on 02/13/2006 05:42 AM and is a permanent record located here: http://www.ripoffreport.com/r/PRIMERICA-LIFE-INSURANCE-COMPANY/Duluth-Georgia-30099/PRIMERICA-LIFE-INSURANCE-COMPANY-ripoff-Duluth-GeorgiaUPDATE-Primerica-gets-a-POSITIVE-r-176005. 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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