Wilco Life Insurance Company - formally Conseco Losing coverage due to premium load increase after 20 years of consistent premium payment and no loans Waited until i was a senior to do this to me and other seniors. Nashville/ Charlotte TN / NC

Got a letter saying that my policy entered the grace period on March 11, 2020 and unless I pay $954.00, my policy will cancel on July 11, 2020 even though they are still taking the premium I have been paying of $173.83.  This policy has been in force for about 20 years at this premium - it was moved evidently from conseco to Wilco. 

I am a senior citizen and this is unfair to me to raise the load so much that the premiums will be insufficient to cover the COI since my premiums have always been paid.  What about the interest the policy was suppose to be earning.  No help from Wilco.  I am going to get a lawyer and start another law suit.