15 comments

Have read several complaints submitted by many individuals.It is an odd thing that I am having the very same issues.

I have been contacting them for 6 months just trying to get information about claims that have been made, and a decision there-of. It is impossible. Just as others say, you never get the same rep. nor will they give you a name or number so you can contact the same one....

I have literally spent hours on the phone, way too much money faxing duplicate information (the only way they will except it, other than mail) again and again. As others, the same excuse is used. They have not received it, they do not have everything. I have been documenting the experiences I have had, and they are horrible.

My parents have been paying for over 10 years too... now that they need assistance BANKERS LIFE is giving us a run-around like I have never seen or had to deal with before. Have made a complaint to Consumer Protection hoping they will be able to help...

If not, the next step is an attorney...Not sure what to do, but A Class Action might help.

Had an Experience with Bankers Life And Casualty Company?

Write a review

Comments

Terms of Service
Post Comment
Cancel
Anonymous
#492011

Avoid buying from Bankers Life and avoid working for them or any of their affiliates!One big company that scams, hires, fires and forces employees to resign.

Not to mention, they racially discriminate! Go to their interviews and see for yourself. Real interview? BS!

Its these sales tactics to make you believe you can make money, lure you in, and then give you the BS recycle leads.Force you to sign up everyone you know because you must make money and easiest people to sucker are those that trust you; mainly family, friends and old acquaintances.

Anonymous
#492009

@crybaby, why don't you tell us your name?Protecting a company for what?

You either are affiliated with their scamming party or you are one of the agents getting fed all of the "real" leads and not the 10 year old recycled leads they give out to all of their branches. Didn't make the cut? I'd love everyone who was mistreated to chime in and tell everyone about how all of your customers that bought from you are now all cancelling their policies and you are getting hit left and right with collections. They make all of the money and you get left with the BS.

*** Bankers Life. Sorry *** Managers read my blogs spilling all their BS and they made numerous attempts to try and reach me to try and stop me telling all of their scamming system at Bankers. When I had resigned, I wasn't important to them.

But when I spilled all of the real BS, they were calling me like I was their brother.*** Bankers Life and all of their affiliates and Managers!!!

Anonymous
#466385

Training is only a week?BS it's everyday every week and seminars for free...learning and training is all the time at Bankers!

IF you are going to write a complaint at least be smart about it.geez

Anonymous
#466380

:cry Some of us have made money from a job with Bankers and like it very much....remember not everyone can do it.....and not just anyone can make the cut! The negative comments are from people who obviously did not make the team! Think about it!

Anonymous
#463577

Not only are employees complaining, also clients are too, apparently.I interviewed and found that the "training" is only a week to start, but covers life, health (Medicare supplementals) too many products to "learn" in one week.

How can they provide good c.s., then?Potential retirees should check with AARP or AAA for reputable companies or 1800-Medicare for info on supplemental or advantage plans.

Anonymous
#454130

Make a complaint to the insurance comissioner in your state.They are generally very strict and Bankers already gets so many complaints that they will probably be very happy to investigate another problem with them.

They will definitely help you out.Also make a complaint to the better business bureau but immediatley to the insurance commissioner.

Anonymous
#453821

My father is 73 and in fairly good health.His memory isn't what it used to be, but other than that, he's fine.

He has Bankers for his healthcare, and now an agent (who flirts shamelessly) is trying to coax him into spending an extra $130/month for a short-term care policy which will only cover 90 days if he ends up needing nursing or in home care.

I think it's unnecessary, but my dad has bought into her sales pitch.

He is due to sign papers tomorrow, but I am thinking of talking him out of it.I think a medic-alert emergency necklace unit would be just as good...any feedback?

Anonymous
#447571

I was brainwashed through repeated trainings week in and week out, even on Saturdays (what the *** do you call that?).Led to believe that Bankers Life is a good company, been in business for over a 100 years, yada yada.

***! I fell hard. Believed. Then tried to sell their *** life insurance, health and retirement products to friends, family, old acquaintances, you name it.

Now I look like a ***. Burnt so many relationships, friendships, etc. When I call on my friends or email them, they don't respond anymore because they think I'm trying to sell them some ***. Folks do their research (unfortunately I didn't do enough) and they know how bad a company Banker's Life is.

So they won't buy life insurance from Banker's, they won't buy health related products because they are very expensive and their retirement products are just full of ***. I'd imagine the company going in to Bankruptcy soon. Word needs to get out and no one is speaking unfortunately. A couple guys I started with all suffered the same fate.

They weren't like me, they just sucked it up and moved on. Not a word to anyone. Sad really. They all had families and children to support too.

I quitted first, then those other fellas all eventually followed suit. It's sad because we each contributed a few, and they made money from our *** sales numbers (those customers were our parents, wife, brothers, sisters, friends we've all known for a long period of time) and I'd bet most of...

Really?

Life goes down the drain working at Banker's.I say their is NO LIFE at Banker's, ONLY CASUALTY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Show more
Anonymous
#447566

Why pyramid scheme?When you come in as a new agent, you are forced (required) to go out with their seasoned reps and if the both of you make a sale, that seasoned rep takes half of the commission.

And then upper management takes a piece. That's how they are making $300k, $400k, or even $500k. *** take a piece of everyones commission. Why high employee turn around?

Why hire and fire? Or self quit? It's because they get you in, and if you sell 1, 2 or 3 polices, and a branch have 20 or 30 new agents, imagine how much money is made there? Easy money.

I'd love to be at the top too, but unfortunately I wasn't part of the evil leaders that started this pyramid scheme. And after folks resign, get fired, the measly few that each new agent sells, if the customers all cancel, whatever you pocketed will go to collections. More money for them!!!!!!!

They are just raping people.Literally!

Anonymous
#447556

IF AFTER READING MY COMMENTS YOU STILL WANT TO WORK FOR THEM, GOOD LUCK. DON'T TELL ME I DIDN'T WARN YOU. SOON YOU WILL FIND YOURSELF BACK ON TO THIS SITE TELLING US THAT YOU SHOULD HAVE LISTENED AND NOT WASTED YOUR TIME.

BANKERS LIFE MAY BE IN MANY LOCATIONS IN THE US, BUT THEY ARE A FILTHY LYING NEW AGE SOPHISTICATED PYRAMID SCHEME. DO NOT EVERY WORK OR BUY FROM THIS *** COMPANY! YES SOME FOLKS WORKING THEIR (ROOKIES) MAY BE GOOD PEOPLE WITH GOOD INTENTIONS, BUT NOT THE COMPANY. FROM ALL THE PROBLEMS CUSTOMERS ENDURE WITH FILING CLAIMS TO THEIR HIGH COST OF POLICIES AND OTHER HEALTH RELATED SERVICES.

I WOULD NOT WASTE ANOTHER MINUTE DEALING WITH THIS COMPANY. UPSET BECAUSE I WASTED SO MUCH MONEY DRIVING AROUND SEEING FOLKS THAT DIDN'T QUALIFY (THANKS TO *** RECYCLED LEADS), PUT ON A TON OF MILEAGE USING MY OWN CAR, SPENT A FEW THOUSAND DOLLARS ON GAS, AND I MADE NOTHING!!! ABSOLUTELY NOTHING! SOME OF THEIR NEW REPS (MAYBE 2 YEARS TENURE) ARE MAKING MAYBE $200K, BUT MAJORITY OF THEM ARE MIDDLE EASTERN DECENT (THEIR FRIENDS, FAMILY, COUSINS) SO THEY ARE SPOONFED. AND THEY USE THESE TOP PRODUCERS AS EXAMPLES TO PUMP YOU UP. I'D FIGURE IF I CAN'T MAKE WHAT THEY ARE MAKING I'D AT LEAST MAKE $25,000 A YEAR (IN OTHER INDUSTRIES I'M GOOD AT SELLING ***), BUT MAKING NOTHING IN 6 MONTHS SPEAKS A LOT. ITS NOT THAT I SUCK AT IT, ITS JUST *** UP!

YOU'LL FIND OUT FOR YOURSELF.

You May Also Like