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Newport News,#2Consumer Comment
Sat, March 27, 2004
Excuse me but isn't it true that the $1,000 benefit from BB&T is something they offer to their clients for free? This is not a TRUE life insurance policy but a teeny little fringe benefit of banking with BB&T... Did you ever look into the details of this little freebie? I'm guessing that the only time you ever looked at it was AFTER the fact. These little freebie policies are basically useless anyway. A thoughtful person would make sure they had the right amount of life insurance in place with a real INSURANCE COMPANY...not a bank. A lot of these policies are "accident only" which leaves a huge gap in coverage when it comes time for it to be used. Seek the advice of a competent life insurance professional before this happens to your beneficiaries. Nothing ventured, Nothing gained...