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  • Report:  #1087941

Complaint Review: Guarantee Reserve Life Insurance Company

Guarantee Reserve Life Insurance Company $2000 whole life @ premiums of $96/ year after paying for 32 years benefit still only $2000 Calumet City Illinois

  • Reported By:
    Wilma Herring — Ocoee Florida
  • Submitted:
    Sat, September 28, 2013
  • Updated:
    Sat, September 28, 2013
  • Guarantee Reserve Life Insurance Company
    530 river Oaks West
    Calumet City, Illinois
    USA
  • Phone:
  • Category:

 Wilma Herring purchased $2000 whole life insurance from Guaranteed Reserve Life insurance Companyin 1981.

Upon her death in 2013, we sent in for the claim and received only the $2000 face value of the policy even though we had paid $3200 in premiums.

1 Updates & Rebuttals


buck

Troutville,
Virginia,

what

#2General Comment

Sat, September 28, 2013

how is this a rip off??  well if she told her company  about the problems and they decided not to do anything about it, then that tells me about what they think about her.. so penco product does not care about their employees.. they can allways ban those drivers ffrom coming back

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