Report: #741519

Complaint Review: American General Life

  • Submitted: Thu, June 16, 2011
  • Updated: Fri, December 30, 2011
  • Reported By: Maria — Lake Charles Louisiana United States of America
  • American General Life
    Houston, Texas
    Houston, Texas
    United States of America

American General Life AGI, AIG my dad's life insurance was cancelled after 20+years premiums, drafts still taken, insurance denied Houston, Texas

*General Comment: Solution To Your Claim

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1. Written by mnorwood on June 16, 2011

AGI was my mom and dad's life insurance policy for 20+ years.  Payments were near 500 a month.  When my mom died in 2007  they said the policy payments were based on her age at 79. She was 82. A deal to subtract the difference in premium payments was implemented on so that only 17,000 was paid out on a 25,000 policy. The premiums were auto pay draft. We found out soon after her death that my dad had lung cancer. Later, we were notified that a loan was taken on my dad's 150,000 policy which would
create a deficiency in the policy if an adjustment was not made. We requested that the drafts be increased so as to not cause a lapse. The auto drafts increased.  Problem solved?  Not a chance.  In 2009, they sent us a letter saying that because of policy deficiency they CANCELLED his policy. When we tried to straighten up the situation, they wanted him to fill out a NEW APPLICATION for review (he was being treated for lung cancer NOW). My dad, now with no insurance, died before we resolved our complaint. AGI is as crooked as crooked a company could be. I think all of us who lost death benefits from this unethical company should FILE a LAWSUIT.  I am only NOW recovering from their deaths and wanting justice.
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This report was posted on Ripoff Report on 06/16/2011 10:45 AM and is a permanent record located here: http://www.ripoffreport.com/reports/american-general-life/houston-texas-/american-general-life-agi-aig-my-dads-life-insurance-was-cancelled-after-20years-premiu-741519. 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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#1 General Comment

Solution To Your Claim

AUTHOR: Educator''s First - (United States of America)

Dear  M. Norwood:

I may be able to help with your concerns regarding the unsuccessful redemption of your claim(s).
I am not an attorney or employee of AGLA; however, I have submitted many claim's on behalf insured's and beneficiaries over the past 11 years.

Answering your question specifically...99.9% of claims do not require a "lawsuit" for a positive resolution in your favor.  A few appropriate questions and proper direction will make great gains in your favor.
And with the assistance of Government agencies you will have a "Slam-Dunk" resolution.

Please understand, large companies are rarely affected by individuals' feedback.The pathway to a successful resolution in your favor is through government intervention.The moment you contact the Dept. of Insurance, you will experience an immediate 'Reverse Course' by the insurer.

In summary:  Contacting the insurer and asking the appropriate questions is key to a successful resolution. Additionally, contacting the Dept. of Insurance and presenting the facts in the appropriate manner is also key to a successful resolution.

Feel free to contact me for assistance in filing and researching your claim(s).

Regards,

Jerome Mostero
949-283-1900 direct line
www.EDUCATORSFIRSTFINANCIAL.com

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