Independent Life Insurance Reviews

TD Insurance Life Insurance Reviews

(1 review)
This page has been viewed by:
1,950
consumers
Category: Complaints
(1.6 out of 5 stars)
Customer Service:
Value for Money:
 

TD INSURANCE - SCAM ARTISTS

 
(1.0 out of 5 stars)
by Once Bitten May 28, 2015
...We realized that TD Insurance had been dipping into our TD bank account to "service" a policy they claimed we'd bought. Even though they could not produce our authorization for access to our bank account, nor paperwork to show we'd purchased a policy with them, they were adamant that we'd bought it. They claimed they did all their business over the phone, hence no paperwork. The scary thing was they had our dates of birth, our TD bank account number, our address, phone number, etc. even though we had never done business with TD Insurance. Our confidential bank information was obviously accessible to them. After 5 months of telephone back-and-forth, and going up the ladder through managers of different departments within TD Insurance and up to their Ombudsperson, I finally got a cheque for the amount stolen plus interest, but no apology, no damages for the theft nor for my time in getting this matter redressed. My email to the Vice-President of TD Insurance was merely sluffed off to an underling and it looped back to the managers I'd dealt with who merely responded that they were familiar with the case! So my experience has been thatTD Insurance, from top to bottom, is in the business of scamming. I'm shying away from TD Bank as well if customers' personal information in traded to other companies...
0 of 0 people found this review helpful. Did you?
Thinking of getting a life insurance quote from an insurance agent? They work for one insurance company and can only sell the products of that company. That may not result in the best rate for you. Our insurance brokers compare life insurance quotes across 20+ Canadian insurers for you.