Complaint Review: Prudential Insurance Company of America - Philadelphia Pennsylvania
- Prudential Insurance Company of America PO Box 8769 Philadelphia, Pennsylvania United States of America
- Phone: (888) 895-4331
- Web:
- Category: Insurance Companies
Prudential Insurance Company of America Insurance companies ripping off senior citizens Philadelphia, Pennsylvania
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PRUDENTIAL INSURANCE: GRAB A PIECE OF THE ROCK SO THEY CAN TIE IT AROUND YOUR NECK AND THROW YOU INTO THE OCEAN!!!!
I'm a 72 year old senior citizen. From 1996 to 2000 I was employed at Time Customer Service, Division of Time Warner, Tampa, FL
I signed up for their life insurance program thru Prudential. I've been paying premiums on the policy for 14 years. The premiums started out at about $48 a month. The minute I turned 70 the premiums almost doubled to $85 a month. Now, within 3 months of my 73rd birthday they tell me that I have to start making my premium payments quarterly instead of monthly and the premiums will be $255.42.
I called their customer service and explained that I'm on a fixed income and I can't make payments that large all at once. I was told that I had 60 days to pay and if I don't pay the policy will lapse. I've paid them somewhere in the neighborhood of $9,600 dollars over the years. Now it seems their trying any manuvers they can think of to get me to let the policy lapse. I could cash it in for around $15.00.
DON'T FALL FOR BUYING A PIECE OF THE ROCK, IT'S ACTUALLY FECES.
This report was posted on Ripoff Report on 09/24/2010 08:45 PM and is a permanent record located here: https://www.ripoffreport.com/reports/prudential-insurance-company-of-america/philadelphia-pennsylvania-19176-8769/prudential-insurance-company-of-america-insurance-companies-ripping-off-senior-citizens-p-644170. 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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