Well when i first discovered American Fidelity Life Insurance it was when I was walking through the mall with my wife and one of the salesmen had a booth set up and asked me to have a look at this program he was offering that would especially benefit a soldier.
He explained to me that by joining the insurance I would be putting forth 150.00 a month and making gaining 6% interest. That within 10 years I would have over 90,000 dollars to withdraw from.
After about 6 months I checked the account and only 180.00 was available to be withdrawn. I went to the mall but that represenative was no longer working there and a new suit told me that I was only going to make around 16,000 dollars in 10 years. I guess that I didnt read the small print when i signed the contract and took the man's word.
Just a warning to any soldiers or civilians out there that find themselves talking to one of these represenatives. If you're looking to put some money away i recommend a general savings account with a decent interest rate.
Their are other reports on this American Fidelity group, keep searching.
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