Complaint Review: Life Partners Inc - waco Texas
- Life Partners Inc 8225 central park dr waco, Texas USA
- Phone: 800-368-5569
- Web: lpi-policies.com
- Category: Insurance Companies
Life Partners Inc LPI This company is stealing my money and I need help waco Texas
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In 2005 we were lead into buying part of a life insurance policy on a indiviual that had a expected life left of 3 to 5 years.
I paid 18,000. out of our savings and was told if that we would receive around 30,000. after the 5year period but we should know that it could be longer. the oringal policy is a 1,000,000.
Over time we tried to find out the status and was told it was a brother and brother policy and the other brothe was still alive. At the 7 period a statement was sent saying that we needed to start paying a annual premium. It wasnt that much so to not lose our savings we paid. And we paid.
Now starting in Jan. 2015 they are also charging me a maintenance fee.
I receive statments for premiums and fees but they wont ever give me any information.
I cant afford to lose my investment. I need help to stop the ripoff. If only I had never given them my money. im getting old, mad and I feel like such a idiot.
This report was posted on Ripoff Report on 06/15/2015 03:33 PM and is a permanent record located here: https://www.ripoffreport.com/reports/life-partners-inc/waco-texas-76712/life-partners-inc-lpi-this-company-is-stealing-my-money-and-i-need-help-waco-texas-1235809. 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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