Have received tumultuous amounts of uninvited solicitations to invest in their life & supplemental insurance program from NEIL KORANDA, "the manager" in their 2-man office located at 5333 Mission Center Road, San Diego, CA 92108. They are a huge scam!!! Please see the numerous complaints listed with the Better Business Bureau locally & their corporate offices: http://www.bbb.org/chicago/business-reviews/insurance-services/bankers-life-and-casualty-company-in-chicago-il-4222
Friends of ours invested with this company with having done their homework on Bankers Life & Casualty Company and lost their entire savings having dealt with this company. Insurance agents, sales, representatives, brokers, dealers at Bankers Life & Casualty Company's are NOT LICENSED INSURANCE AGENTS/BROKERS/DEALERS with the Department of Insurance. That's a huge clue to question their ethics !!!!!
Monetary Loss: $65000.