I purchased life insurance policies for myself and my husband in 2001. I am a federal employee and the premiums have been deducted from my paycheck bi-weekly for the past ten years. In June, I got a letter stating that I had to send $157.41 immediately or lose my coverage. I called to talk [...]
Midland National Life Insurance
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My universal life insurance policy was unfairly terminated by Midland National Life Insurance after being the insured for 20 years. I did not receive any notice of cancellation. My payment was postmarked four (4) days before the policy due date but received by the company within 3 days after the due date. Bottom line: I [...]
└ Tags: Policy Cancellation
I received a letter from Midland National Life Insurance Company stating that my premiums were increased from $100.00 a month to $570.00 a month. The letter also stated that this amount does not ensure continued coverage, and that the premium may be increased again. I have until Feb. 24, 2011 to pay $1,040.00. I called [...]
└ Tags: Premium Increase
