• Report: #1122846

Complaint Review: Woman's Life Insurance Society

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  • Submitted: Tue, February 11, 2014
  • Updated: Tue, February 11, 2014

  • Reported By: Ron — Syracuse New York
Woman's Life Insurance Society
1338 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

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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.

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