ED Magedson – Founder
Woman's Life Insurance Society1338 Military St Port Huron , Michigan USA
Woman's Life Insurance Society North American Benefit Association Fraud, deception, refuse to correct error, predatory sales practice, beyond what a reasonable person would expect Port Huron Michigan
25 Years after I had cancelled a policy with Woman's Life Insurnce Society they claimed they had been loaning money from the policy to pay premiums. Allegedly the loan expird and this caused them to file a 1099-R to the IRS. This income was added to my 2011 tax year and caused me to owe back tax. When I called them and wrote them to correct the error they refused. The company claims this was part of the policy signed by me in 1980 when I was 20 years old. I tried to explain that I had cancelled the policy but they refuse to believe that claiming it was inforce for all these years.
I believe this to be unreasonable. They have had to no financial loss and I have had no finicial gain. There is no reason for them to not to correct the error. To be held to a contract that had been signed 34 years ago on a policy that was cancelled over 25 years ago is beyond what any reasonable person would expect.
This report was posted on Ripoff Report on 02/11/2014 03:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Womans-Life-Insurance-Society/Port-Huron-Michigan-48061/Womans-Life-Insurance-Society-North-American-Benefit-Association-Fraud-deception-refus-1122846. 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.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
Advertisers above have met our
strict standards for business conduct.