Usacomplaints.com » Business & Finance » Complaint / Review: Woodmen Of The World Life Insurance Society - Ripsoff clients by having reps replace policies to get commsisions, this company has done it for years, it comes off as this great company that is non-profit, when reality all they do is steal your premiums to benefit their reps and the big guys on top. #134640

Complaint / Review
Woodmen Of The World Life Insurance Society
Ripsoff clients by having reps replace policies to get commsisions, this company has done it for years, it comes off as this great company that is non-profit, when reality all they do is steal your premiums to benefit their reps and the big guys on top

After seeing what was done to my poor aunt this past month, I had to share this info, I previously worked for this company, and they showed their reps how to replace policies to make new commissions, when it was not good for the client. Managers showed agents how to forge signatures on policies. They also told many clients their policies would not run out and they would be paid in 7 years, (same as they told my aunt) they never did they had to keep paying. They say their rates are high because of being non-profit, thats crap, just compare with any other company, they are high. This happened to numerous customers. This company portrays them selves as a company that helps the community, what a joke, they use people to make their paychecks fatter without looking out for the client, its another non-profit insurance company that doesnt pay state taxes, so they spend the money on their executives salaries, this company breeds huge nepotism, in their hiring processes. I worked in the south for them, they would not write african-americans, or allow them to be in their lodges, they would not allow my wife to work with me, however, they allow the sons to work for their dads and get promoted immediately. Extremely predjudice insurance company. I highly recommend this info gets to all policy holders and employees, I am sure they could add much more to this. Buyer and employee beware, there a scam. Attornies should pursue them, to eliminate their crookedness, and non-profit scamming by keeping state tax money that states can use to suppport schools, instead of worthless executives. I urge everyone to start writing their insurance departments, and attornies start jumping on board to eliminate organizations like this, that get away without paying taxes and line their pockets and rip-off clients.


Offender: Woodmen Of The World Life Insurance Society

Country: USA   State: Nebraska   City: Omaha
Address: 1700 Farnam St
Phone: 4023421890

Category: Business & Finance

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