Complaint Review: LPI - Waco Texas
- LPI 204 Woodhew Waco , Texas USA
- Phone: 800-368-5569
- Web: www.lifepartnersinc.com
- Category: Sales People
LPI Life Partners inc This company did not disclose that a fee would be charges every year, nor the fact that after 5 years i would start paying the insured person's premium. And they just went up to $300 a year for fees...without notice. The insured person has been on deaths door for years, still no payout. Waco Texas
When I was sold these life insurances policies for people who are deathly ill it was not disclosed of a yearly fee of almost $300, nor was it disclosed that after so many years I would be paying for the premium of these near death persons. Now the yearly rate has gone up another $300 a year without prior notice. It will be 4 years in Feb of 2015 and the persons they claim were so ill, are still living and I'm still paying fees. I was told when i signed up that the $250 I paid was a one time fee, which wasn't true.
This report was posted on Ripoff Report on 10/18/2014 08:39 AM and is a permanent record located here: https://www.ripoffreport.com/reports/lpi/waco-texas-76712/lpi-life-partners-inc-this-company-did-not-disclose-that-a-fee-would-be-charges-every-yea-1183605. 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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