I returned my life insurance policy a few months ago, I wrote them a letter asking them to cancel my policy and discontinue charging my bank account. They are refusing to cancel my policy and contuing to mak unauthorized withdrawl from my bank account. I'm going to have to report this to my bank
Bankers Life is the lowest form of any Insurance company you can work for!
Very high premiums, Lame management who feed off, then ripoff their own agents.
Some have called it "Churn and Burn" in this case - both agents and customers.
The State insurance comminissioner should be watching closely.
They twist clients and try to destroy the agent if they leave. As another agent in a different city stated - Once you leave their employment they come up with ways of ripping the agents off with charge backs to the tune of 130% above what they paid out as "advances". Also if you are appointed to another actual insurance company like Humanna thru Bankers Life they won't release you from your appointment for two years.
They will threaten you with a Vector report saying you Owe them money, even when you don't.
It was the kind of place where we hired 65 people one year and kept only 2 of them.....
If serious about your career - stay far far away from this company ( Conseco was the largest corporate bankruptcy in history)
Bankers Life And Casualty Company Reviews
I returned my life insurance policy a few months ago, I wrote them a letter asking them to cancel my policy and discontinue charging my bank account. They are refusing to cancel my policy and contuing to mak unauthorized withdrawl from my bank account. I'm going to have to report this to my bank
Bankers Life is the lowest form of any Insurance company you can work for!
Very high premiums, Lame management who feed off, then ripoff their own agents.
Some have called it "Churn and Burn" in this case - both agents and customers.
The State insurance comminissioner should be watching closely.
They twist clients and try to destroy the agent if they leave. As another agent in a different city stated - Once you leave their employment they come up with ways of ripping the agents off with charge backs to the tune of 130% above what they paid out as "advances". Also if you are appointed to another actual insurance company like Humanna thru Bankers Life they won't release you from your appointment for two years.
They will threaten you with a Vector report saying you Owe them money, even when you don't.
It was the kind of place where we hired 65 people one year and kept only 2 of them.....
If serious about your career - stay far far away from this company ( Conseco was the largest corporate bankruptcy in history)