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Bankers Life And Casualty Company - BIGGEST MISTAKE

1.3
Details
I don’t have the time to type all the wrong things with this. this total shame/pyramid screen will screw you over before you even have a chance to take advantage of the “training”. They will eff anyone over for not that much money. They teach you how to dance around compliance. That is how they “make the money”. By “helping people” they do not help anyone but their pocket books
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Review
#1683212 Review #1683212 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Sales Representative
Cons
  • Fake interview
  • Runaround
  • Lies from customer service
Reason of review
Work Experience or Job Application
Loss
$5
Preferred solution
Stop screwing people over
Tags
  • Good luck
  • Bankers Insurance
  • Deceitful Salesman
1.0
Details
I’d lump them in the insurance mlms. I was looking on indeed. Bankers life contacted me and set up an interview. I went to the 1st interview thinking it would be a normal style interview. I was lead into a room where a bunch of other people were also waiting for an...
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Review
#1663123 Review #1663123 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Recruitment

Bankers Life And Casualty Company in Ankeny, Iowa - Bait and switch

1.0
Details
Woman called on friday to make an appointment about dropping off information about medicare for 10:00 on saturday (her phone number 5152377591). On saturday i missed a call from a guy (5154509338) at 9:00 a.m. that HE wanted to come early. NOT MY IDEA OF DOING BUSINESS! NEVER BANKERS LIFE!!
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Review
#1653955 Review #1653955 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Health Insurance
Reason of review
Bad quality
1.2
Details
No words for how upset I am. Mom had a policy since 1951 (my dad worked for BL from 1951 through at least 1969). She died in March, I she had made me the beneficiary as one of my brother's had passed in 1996, the other had borrowed lots of money, so she changed to...
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Review
#1522515 Review #1522515 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Life Insurance
Cons
  • This company made no effort to pay what was due
  • Claims process
Reason of review
Poor customer service
Loss
$667
Preferred solution
Let the company propose a solution
Tags
  • Bankers Insurance
1.1
Details
CVS called to say my mother's express-scripts account was inactivated on October 1, 2018. I checked to see if it was paid for and the cancelled check was there in her account, so it WAS paid for. I called Bankers Life and Casualty who is responsible for the payment and...
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Review
#1384264 Review #1384264 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Health Insurance
Cons
  • Claims process
Reason of review
Poor customer service
Preferred solution
Let the company propose a solution
1.0
Details
My parents each had a policy with Bankers, my mother handled finances and had a stroke, by the time I had all the finances taken over the payment for my dads policy was unpaid.....ONE late payment and they cancelled his policy which he had paid on for years. I called...
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1 comment
Anonymous
#1490163

You have discovered the problem with so-called "term insurance". Your father should have had a "whole life" policy which, after many years as you've described, would permit him to make the monthly/quarterly payments from his existing policy cash value fund without making any more payments.

Term insurance accumulates no cash value. Whole life accumulates cash value (which you can withdraw, use to make future insurance payments, or even borrow against).

I'm really sorry he and you have had so much trouble but I'm afraid he wasn't properly informed about the available options. The cash value will not be equal to the death benefit, but can be substantial.

Review
#1267416 Review #1267416 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Customer Care
Cons
  • Screwing my father received
Reason of review
Poor customer service
Loss
$142480
Preferred solution
Let the company propose a solution
1.2
Details
My mother has had a long term supplemental policy since 2003 with this company. Her premium was over $700 a month so one can imagine how much money she paid out into her policy. When it came time to payout (about $9000, far under her cumulative premium over 14 years),...
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1 comment
Anonymous
#1481728

I am 76, now have Parkinson's, and after paying more than $18,000 to BL (they keep the interest of course), I too cannot get reliable information, only the run around. I am told different stories, especially since the Customer Service is in Jamaica. Does anyone know of a consumer lawsuit?

Review
#1205105 Review #1205105 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Life Insurance
Cons
  • Chicago staff
Reason of review
Warranty issue
Loss
$9000
Preferred solution
Let the company propose a solution

Bankers Life And Casualty Company in Savannah, Georgia - They come to door univited

1.0
Details
Shows up at door to sell medicare supplement, turns out its life insurance they are trying to peddle. Very pushy people. Dont want to leave when asked to leave. Dont even open the door when they come on your property. They shouldnt come univited in the first place. Thats how bad they want to push their lousy insurance. Beware!
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Review
#1103687 Review #1103687 is a subjective opinion of poster.
Reason of review
Poor customer service

Bankers Life And Casualty Company - It sucked

1.0
Details
I didn't make money for a whole month. Don't wast your time! Almost went broke working here! Place is literal *** on earth! Your better off working a 9 dollar an hour job!
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Review
#1086414 Review #1086414 is a subjective opinion of poster.

Contact Bankers Life And Casualty Company Customer Service

Mailing Address:
Bankers Life and Casualty Company
111 East Wacker Drive Suite 2100
Chicago, Illinois 60601-4508
United States
Phone:
(800) 231-9150
All Bankers Life And Casualty Company Contacts

Bankers Life And Casualty Company Products and Services Reviews

Compare Bankers Life And Casualty Company to

Mutual Of Omaha
Mutual Of Omaha
Has verified representatives
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2.1
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1.0
Details

Update by user Oct 11, 2016

I talked with the agent Jeffery mcwherter today and he stated the company is issuing a check today. Im not holding my breath.

Update by user Oct 11, 2016

Talked today with the agent Jeffery mcwherter and he stated bankers is sending out a check today

Original review posted by user Oct 11, 2016

took out a life policy when I received the...
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1 comment
Anonymous
#1270401

man...it took him the same day to respond to your voicemail.

how long should you expect to wait, 1 maybe 2 hours for a return call?

Review
#934496 Review #934496 is a subjective opinion of poster.
Service
Bankers Life And Casualty Company Life Insurance
Cons
  • Runaround
  • No regard for customers
Reason of review
Poor customer service