The initial policy was a college fund effective 1986 that my father who is deceased as of 1990 and I was the inured. The company is now Mid-West National Life, and claims to have attempted to locate and contact with the information from the original paperwork.
They claim to have received all letters returned back and that is a crock.in the end what took place is the policy was automatically put on an extension and was paying itself off the interest and eventually exhausted that so they forfeited the loan.
Not once did I recieve any info or phone call and that is because I was appointed the Executor of the Estate. So you would think that during the lengthy time of a probate case I should have recieved something.
I only have birthday card that were sent to me up until 1989 and nothing else was found in the paperwork left behind. The weird part is that last payment was made on May of 1990 and my father passed on later than that date. Why wasn't I contacted then???
I honestly feel like this company was unprofessional and ruined my dream of starting a new career.
I feel that my father paid for this policy for approximately 4 years there should be an account there for me. They even made me send them certified paperwork and sign a form listing me as the new owner and listing 2 new beneficiaries.
Robbed and violated.
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