My termlife policy was to end on the 27th on November. The premium was $108.00 per month drafted from my bank.
The life groug say that they sent a letter to me that the premium would be $1592.36 begining on Nov. 22, 2017.
The life group said that the letter was returned,wrong addrerss, that was in Oct24,2017, yet they were able to send a letter to the correct in January 13, 2016- and the returned letter on November 20, 2017.
I've informed my bank to stop payment and have called National Life and e-mailed them that they taken my money and I want it returned to me. So far they have not returned the money. The term was for 15 years and it stoped but National Life has found a way to get more premium dollers by ripping off old people.
The ammount they took was 3/4% of my monthly income.
So beware if you have a term policy that is drafted from your bank.
The former LOTTE Group broker Nicholas Bressani chose me as a vehicle TO GET HIS $2500 commission and signed me up for this rip-off fixed annuity. What a mistake I made by trusting him. After I lost $ 23K in surrender fees, the SouthWest became part of National Life Group--but, "rules are rules"--I have lost my 23 thousand forever when this scum of the earth transferred the money, assuring me that I will catch up quickly.
They are tight-lipped about the fees--I can see only how the account is being depleted by the Rider "benefit" --an appropriate name for it--as they took me for a ride. They have hairy hands that go into the account & take out the fees by hundreds at a time. They say, "But this is how your account is being set up." When I ask them about changing that set up, they refuse, babbling about the 5th anniversary.
Let all doors be shut on you & your children, Nicholas Bressani, and this agency that calls me "Mam,' while shamelessly stealing my money and putting it into their pockets.
National Life Group Reviews
They took my cash for two years then suddenly canceled my policy
My termlife policy was to end on the 27th on November. The premium was $108.00 per month drafted from my bank.
The life groug say that they sent a letter to me that the premium would be $1592.36 begining on Nov. 22, 2017.
The life group said that the letter was returned,wrong addrerss, that was in Oct24,2017, yet they were able to send a letter to the correct in January 13, 2016- and the returned letter on November 20, 2017.
I've informed my bank to stop payment and have called National Life and e-mailed them that they taken my money and I want it returned to me. So far they have not returned the money. The term was for 15 years and it stoped but National Life has found a way to get more premium dollers by ripping off old people.
The ammount they took was 3/4% of my monthly income.
So beware if you have a term policy that is drafted from your bank.
The former LOTTE Group broker Nicholas Bressani chose me as a vehicle TO GET HIS $2500 commission and signed me up for this rip-off fixed annuity. What a mistake I made by trusting him. After I lost $ 23K in surrender fees, the SouthWest became part of National Life Group--but, "rules are rules"--I have lost my 23 thousand forever when this scum of the earth transferred the money, assuring me that I will catch up quickly.
They are tight-lipped about the fees--I can see only how the account is being depleted by the Rider "benefit" --an appropriate name for it--as they took me for a ride. They have hairy hands that go into the account & take out the fees by hundreds at a time. They say, "But this is how your account is being set up." When I ask them about changing that set up, they refuse, babbling about the 5th anniversary.
Let all doors be shut on you & your children, Nicholas Bressani, and this agency that calls me "Mam,' while shamelessly stealing my money and putting it into their pockets.