Sales Reps won't tell you.
My mother had a Life Insurance policy with Stonebridge Insurance Company. She died last week and we were informed that since she had not had the policy for two years the Insurance Company as not going to pay. The only payment the Insurance Company. Sai they would pay was what she had paid in during the time she had the policy. We were faced with the terrible fact she was not informed of this at the time of purchasing this policy. She never would have purchased it.
Please beware this Insurance Company and don't depend on them to come through for you in your time of loss. They won't pay you a dime of the Insurance amount. All you will get is what has been paid them in premiums. You may as well put the money in a savings, so you can at least get some interest on the funds. It seems there are no Insurance Companies that are willing to pay you if you haven't had their policy and paid in at least two years premiums.
So I ask?
What good is Insurance to Americans who get a policy they need in time of loss and find that it was worthless! Devastated and painful are the only wortds to describe the aweful reality of useless Insurance when your Mother was thinking she was reileving her family of he weight of burden at the time when she most wanted her family to have some relief. Family is Devastated!!!
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