Usacomplaints.com » Business & Finance » Complaint / Review: Welcome Funds - Life insurance settlement, viatical, life insurance. #284876

Complaint / Review
Welcome Funds
Life insurance settlement, viatical, life insurance

Last year in February I officialy sold my policy through a company called Welcome Funds. My insurance agent advised me I could get a sizable amount and didnt want to pay any more premiums. I had a 400k policy and later recieved 99 thousand for it. My agent said that he was getting 12k commision and welcome funds was taking 4,000. I later learned that my life insurance agent was duped and Welcome Funds actually made over 20,000, thats money that could have gone to me and my agent and they went behind our backs to hide all this money. The transaction was totally legal but these swindlers didnt write or explain what there total commission was.

Needless to say i got very angry and reported them to the BBB. My life insuranc eagent has cut ties with welcome funds and will never do business with these guys, how can you sleep at night???


Offender: Welcome Funds

Country: USA   State: Florida   City: Boca Raton
Site:

Category: Business & Finance

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