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Additional Fees
Billing Practices
Product or Service Quality
Value for money

Just called to find out why my policy purchased back in 1986 was being cancelled and my monthly payment has been made automatically every month. Was told by George that I haven't been paying the increased payment so they took money out of my cash value to make up the difference.

My policy was paid up in 2000 and I continued to make the $24.35 payment every month for a death benefit of $29,558 through Aetna Life Insurance, later sold to ING and now to Protective Life Insurance. At no time did I receive information that my premium was increased, just a letter saying that I may want to contact them because of changes in insurance needs. They never said my premium wasn't enough. All the cash surrender I had built up is gone.

I have a guaranteed Interest rate of 4.50%.

George tells me if I don't begin paying the increased rate of what ever it may be, he didn't tell me, I would forfeit everything I have paid since 1986. I told him I was contacting the AG regarding this.

Product or Service Mentioned: Protective Life Corporation Life Insurance.

Reason of review: Life Insurance.

I didn't like: Being robbed.

Company wrote 0 public responses to the review from Jun 14, 2016.
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Fort Lauderdale, Florida, United States #1255060


Paying since 1973 was CANCELLED after my claim was denied.

This remind me of giving to the RICH and taking from the POOR.

I have a chronic medical condition and this is what I get after 43 years of paying!!!!!!!

Santa Ana, California, United States #1195311

Yes same as mine my insurance was denied when they ask for reinstate by. I was told I aminsurablebecause of numerical history but I am paying them $26 monthly and only I have lapsed for 2 months. I've been paying since 1993.

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