I purchased a 10,000 policy at age 40 at around a rate $23.00 a month, with the hope that the policy would convert to a flexible premium or that the premium would not change. Wow when i turned 60 i received a note given me the option to continue my policy at a rate of $74.00.
I was in shock wandering how am i going to keep my policy open at this rate.( great different coming from my budget) this lead me to act fast knowing that they were going to electronically withdraw from my bank account. I call my agent and she said "nice doing business with you". Yes i cancelled my policy because i could not afford the large increase.
I friend of mind connected me to this policy....mine me, i do not want to speak with him again! Tricky tricky...
Product or Service Mentioned: Primerica Life Insurance.
Reason of review: Problem with delivery.
Preferred solution: Full refund.