American income life insurance

Seeking Advice
1

Is this life insurance firm owned by anyone? My fiance works at a grocery shop and is eligible for union benefits. It is me that handles all of the paperwork. I filled out the life insurance form that came in the mail for him because I handle the paperwork. They have been phoning repeatedly a day to discuss it ever since they received it. I am a procrastinator, so when I did eventually contact them back, they wanted to schedule a Zoom meeting with my fiancé and me. I continue to believe that it was related to his union perks from his job at the grocery shop at this time. We conducted the Zoom call today. My fiancé is very eager when it comes to this kind of stuff, so he questioned how long it would take. When we start, I might ask him, I said. He was really irritated since the dummy did not and it took from 12:30 to 3:00. So we start our appointment and he’s going over life insurance, accidental death, how we could still receive a check up to year if one of us passed, ect other benefits.

I am starting to see that it has nothing to do with his current union and is a different corporation. So we listen as the appointment is going on, then informs us we need to see if we qualify since it’s not assured, ultimately it’s going to cost almost $200 a month. I am thinking, "Okay, I am annoyed. I assumed it was something to do with his union. I had no idea how long it would take or how much money it would cost.

We share a single account for our funds, therefore I did not even bring this up to my fiancé before. I ultimately decide to move through with everything. Right now, all I want to do is cancel everything. However, I do not want to bother my fiancé by making him spend hours discussing it with me before canceling. I would much rather use the $200 a month to pay off debt and perhaps enroll when we are older, a few years from now. It’s not like this stuff is gonna go away. My question is what has been your experience with this company? Do the advantages justify the cost? Additionally, a portion of our copay will be deducted. I guess I feel cheated because I honestly believed it was a benefit of his union and did not have time to look up this firm, read reviews, or do anything else. To be honest, he would not even know that I canceled, so I am not sure if I should even inform him. then let him know we are renewing it in a few years? What are your thoughts, guys? As previously said, he works for a union with benefits, and he and I both have second jobs with the school district, so we already have excellent health insurance and a life insurance policy from them. Right now, I am not sure what to do. Need some comments on the firm & your experience, if the payment is worth it. Regards

2 Likes
2

It sounds like you’re feeling overwhelmed and uncertain about the life insurance policy you signed up for. It’s important to assess whether the benefits justify the cost and if it aligns with your current needs and financial goals. Discuss openly with your fiancé to make a decision that suits both of you.

2 Likes
3

I had this business for more than 8 years. The only way I obtained them was because I accepted the offer since I was a volunteer fireman at the time. I should have been shopping about, little did I know. I do my research now that I’ve gained some insight. I paid $46 a month for 8.5 years to get $30,000 in coverage for a decade. Now that I’m older, I run a business that has made $21k a month for the past 30 years! Amazing contrast!

For six whole months now, I have been attempting to terminate this dreadful fraud of a corporation. They won’t cancel me even after I’ve contacted and completed the necessary paperwork many times.
They won’t cease my policies, so I had to take drastic measures like canceling all payments. All I get in the mail now are letters that are past due. It is quite disgusting to cope with.

I think this is a joke of a money-hungry fake corporation.

2 Likes
4

They are a very sly business. I called an agent who was attempting to schedule a Zoom call for the “legacy” plan I had been signed up for since he had mispronounced my dad’s name. He found that offensive. My parents checked, and they hadn’t bought anything; Hass was only attempting to con me. After that, he kept calling me until I banned all of his phone numbers.

5

Hi Terryanne,

I’m really sorry to hear about the trouble you’ve been having. It’s incredibly frustrating to feel trapped by a company that won’t honor your requests, especially after being a loyal customer for so long. It sounds like you’ve done everything you can on your end, so it might be worth considering contacting a consumer protection agency or seeking legal advice to help resolve this issue. It’s unacceptable that they’re making it so difficult for you to cancel. I hope you’re able to get this sorted out soon!