- Report: #1183605
Complaint Review: LPI - Waco Texas
Reported By:
Terri Presley -
Kansas City , Missouri,
Submitted:
Updated:
-
Author Not Confirmed
Why?
LPI
204 Woodhew Waco, 76712 Texas, USA
Phone:
800-368-5569
Web:
www.lifepartnersinc.com
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
LPI Life Partners inc This company did not disclose that a fee would be charges every year, nor the fact that after 5 years i would start paying the insured person's premium. And they just went up to $300 a year for fees...without notice. The insured person has been on deaths door for years, still no payout. Waco Texas
When I was sold these life insurances policies for people who are deathly ill it was not disclosed of a yearly fee of almost $300, nor was it disclosed that after so many years I would be paying for the premium of these near death persons. Now the yearly rate has gone up another $300 a year without prior notice. It will be 4 years in Feb of 2015 and the persons they claim were so ill, are still living and I'm still paying fees. I was told when i signed up that the $250 I paid was a one time fee, which wasn't true.
