New York Life Insurance Company Complaint

NYLife is a Scam - Life Insurance

volksheime's Picture Reviewed by volksheime
Complaint
 -1

NY life is a very dishonest company. Do not give them any of your time or money. I have had nothing but problems with them. from the local agents to the headquarters, no one within the company will reveal any info, any direct questions, or put you in touch when any form of real authority to resolve any kind of issue. they miscategorized my rating, took 3 monthes to recognize it, renigged on the re evaluation and charged me the whole time. they wont refund dime one of my money "because I was insured the whole time". I get official NYLife letters with NO DATE, NO POSTMARK and NO SPECIFIC INFO - and I mean NONE. any phone number they put it takes days to get someone to answer it and then everything has to go through the head office underwriting of which you cannot contact diretly. DO NOT BUY ANYTHING FROM THEM... NOTHING its up to the state commissionor now. advise to anyone that is going to complain to NYLife, get a phone recorder and log everything every day. you wont beleive what these guys will put you through. they mentally wear you out by switching supervisors and making you retell the story because "they havent heard that yet"
do yourself a favor and cancel any policies immediatly. you will be glad you did... of course i cancelled mine and still recieve paperwork and solicitaions

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Ceo21 says: (2 months ago)
 0
Wow that's funny... NYLife paid a cliam in 6 days and sent me a check for $257,042. I guess if they were a scam they would have kept it. It sounds to me like you are an idiot and have no business sense. Look at all the ratings and AAA seems pretty good in today's economy. I think I will keep ALL my policies with New York Life. Next time maybe you should go with Shifting Sands of Sarasota, I hear they take idiots of all sorts.




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