Usacomplaints.com » Business & Finance » Complaint / Review: Colonial Penn Life Insurance Company - Where Is The Death Benefit? Yea, It is Change in the Jar Alright!. #549588

Complaint / Review
Colonial Penn Life Insurance Company
Where Is The Death Benefit? Yea, It is Change in the Jar Alright!

First we were told upon a loved ones death that there was a $5,000.00 death benefit. A week later we were told that there was a $3,000 death benefit. Today 1/20/10 we were told that the death benefit is only $900. Because my mother did not pay enough in premiums before she died. Now the undertaker is looking at me cross-eyed because they didn't get paid by Colonial Penn. My mother paid Colonial Penn insurance premiums by automated drafts from her bank account for approximately 2 years.

Has anyone else had this problem - thinking that there really was a death benefit - enough to burry someone. How misleading - yea, it is change in the jar alright!!!

We are going for legal action!



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