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  • Report:  #1122846

Complaint Review: Woman's Life Insurance Society - Port Huron Michigan

Reported By:
Ron - Syracuse, New York,
Submitted:
Updated:

Woman's Life Insurance Society
1338 Military St Port Huron, 48061 Michigan, USA
Phone:
810-985-5191
Web:
www.womanslife.org
Categories:
Tell us has your experience with this business or person been good? What's this?

25 Years after I had cancelled a policy with Woman's Life Insurnce Society they claimed they had been loaning money from the policy to pay premiums. Allegedly the loan expird and this caused them to file a 1099-R to the IRS. This income was added to my 2011 tax year and caused me to owe back tax. When I called them and wrote them to correct the error they refused. The company claims this was part of the policy signed by me in 1980 when I was 20 years old. I tried to explain that I had cancelled the policy but they refuse to believe that claiming it was inforce for all these years.

I believe this to be unreasonable. They have had to no financial loss and I have had no finicial gain. There is no reason for them to not to correct the error. To be held to a contract that had been signed 34 years ago on a policy that was cancelled over 25 years ago is beyond what any reasonable person would expect.

 

 



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