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  • Report:  #727410

Complaint Review: Life Partners Inc. - Internet Internet

Reported By:
Snarf - Wellsville, Utah, Virgin Islands (US)
Submitted:
Updated:

Life Partners Inc.
204 Woodhew, Waco, TX 76712 Internet, Internet, United States of America
Phone:
800-368-5569
Web:
www.lifepartnersinc.com
Tell us has your experience with this business or person been good? What's this?
Life Parnters Inc. indicated that we could buy a partial position in a number of life insurance policies.   We purchased a position in 5 different policies each policy holder having some sort of malady that would provide for a realistic life expectency of 3-7 years.   We are now going into year 8 and not one of these 5 individuals has died and we are having to pay the annual premiums. 

Seems to me that Life Partners Inc, and the management has mis-represented the situation.  I believe that there ought to be a life insurance industry review of this organization and possible sanctions!!


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