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27 complaints closed in the last 12 months. View customer complaints of Senior Life Insurance Company, BBB helps resolve disputes with the services or products a business provides.
Is Senior Life a good insurance company? Senior Life has 50 years' worth of experience and a high rating through the BBB. However, the carrier is not BBB accredited and has had quite a few complaints filed against them. Customer feedback also appears largely mixed, with lots of negative reviews.
This is an MLM scam insurance company. They claim they have an A rating with the better business bureau but when you head over to BBB you will see 1k plus negative reviews and they are not even rated and if they were rated it would be a C-.
Life insurance policy fraud is when scammers trick people into believing they're buying insurance coverage, or receiving proceeds, from a legitimate company when they're not. Instead, the vendors are out to steal your money or personal information or both.
This is not a lawyer — it’s a scammer. That’s the most important thing to know. But the letter sounds convincing, explaining that the firm has tried to contact family members. No heir, they say, has come forward to collect the multi-million-dollar life insurance policy or inheritance.
How to Avoid a Life Insurance Scam. Being proactive, not reactive, is the best way to protect yourself from scams. Follow these tips: Ignore unsolicited calls, emails, texts or letters from life insurance companies or agents. Never click on a link in an unsolicited email or text.
Seniors and elders are the main targets for insurance and annuity scams. Scammers may set up fake insurance companies or loan seniors and elders money to invest in insurance using fake applications so when the senior or elder dies, the scammer receives all the money. Read the following list to learn more about other types of frauds: