Usacomplaints.com » Business & Finance » Complaint / Review: USBA Group Life Insurance, NY - USBA Group Life Insurance, New York supposedly converted my Term Life to Whole Life, yet the policy still has term being used. #916705

Complaint / Review
USBA Group Life Insurance, NY
USBA Group Life Insurance, New York supposedly converted my Term Life to Whole Life, yet the policy still has "term" being used

I elected to get life insurance and picked USBA because they appeared to affiliate themselves with the US Military. Originally I chose Term Insurance, then later USBA offered a conversion plan called "USBA Generation 3: Level Lifetime Coverage - I believed after speaking with the USBA Representative that I was now getting $150,000 wholelife policy. After paying on the policy for years, I would receive updates and it still has the word "term". So I called and wrote a letter May asking them specific questions as why the word "term" keeps showing up on the Generation 3 paperwork? I asked for specific plain english reply to put this concern of my to rest or to determine if I've been scammed... I still haven't received a reply or any acknowlegement, so I called and was told they received my letter and the agent is "working on the answer" As each day/months passes USBA is receiving my payments... And now I'm questioning whether or not I truly have "wholelife" coverage for $150,000... When the paperwork I have appears to me to show otherwise..


Offender: USBA Group Life Insurance, NY

Country: USA   State: New York   City: New York
Address: 51 Madison Avenue
Phone: 18003687021

Category: Business & Finance

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