Platinum Services Fishy Interview Practices Dubuque, Iowa

We are currently investigating whether Platinum Supplemental Insurance (a.k.a. Platinum Services, Inc.) engages in an illegal process known as “churning.” Churning happens, for example, when an insurance company convinces customers to cash in existing policies for new ones but fails to inform the customers about additional fees or increased premiums.

We are interested in talking with Platinum customers who think they may have been the victim of churning or who have questions about the sales practices of Platinum Supplemental Insurance.  Please contact us toll free at 866-523-8533 or at Halunenlaw.com.

This company recently changed its name to Platinum supplemental insurance, inc. They offered me a 3000.00 a month training bonus. They are dishonest with agents as well as consumers. I dont think any agent has ever received any training bonus. There putting some bait on a hook and hope you take a bite. The agents cold call up and down the roads telling people I get paid to read and explain the information. They sell a cancer/heart/stroke ins. policy with a return of premium. The consumer is not told this is a rider and not given the option. Also, they are not told the heart/stroke benifit is a rider. They have mislead numerous agents and their families as well as consumers. The top dogs of the agency used to work for Capitol American Life Ins. Co. This company which is no longer in existence was fined and reprimanded in five states. I found this out from a reliable source. I signed a contract that said I was an independent contractor but was told I had to travel four days a week, get up four breakfast, attend meeting, what area I had to work, etc. I paid all my own bills. I hope they dont keep getting away with using  people. They hope agents write some business and quits so Platinum will keep their commissions and get their renewals. I hope some lawyer steps up and wants to help us former agents as we and the consumers were misled and frauded.