I have paid more money in premiums for Stonebridge life insurance, more than they will pay off if I were to die. When I asked a Stonebridge employee (customer service) if they would stop billing me, but honor my policy since I've paid much more than they would pay if I were to die, I was told no. Was told that if I do not pay the monthly and quarterly premium payments, the policy I have with them will be cancelled.
This is not a fair way to do business with any one! I have paid more than $13,000 to them in life insurance premiums, and their settlement would only be about half of that amount. What a scam, a major rip-off company! I would not recommend anyone to have any dealings with Stonebridge Life Insurance Company! They deserve the worst rating there is.
Complaint / Review
Stonebridge life insurance company
Stonebridge has charged more than we would receive from our life insurance with them
Author: paulamrella1234
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