This life insurance company is sitting on the money that rightfully belongs to my client. I know that one of the favorite tricks of insurance companies is to pay as late as possible so as to collect on as much interest as possible. If we were to pay the premium over a month late, they would not hesitate to cancell the policy.
I recommend that you do not use Fidelity, who by the way is being purchased by Chase. I am planning to take them to court in either case. (A suggestion for all concerned, when a large corporation thinks they can screw the little guy, do this, it has worked for me in the past and for some pretty large companies. Sue them in small claims court in a county where they have an office. It will cost them money to respond and you might just be able to get some justice.)
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