Independent Life Insurance Reviews

CIBC Life Insurance Company Life Insurance Reviews

(3 reviews)
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(3.5 out of 5 stars)
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Excrusiatiing process

 
(2.0 out of 5 stars)
by Disappointed Long Term Client Oct 11, 2018
My husband and I have been trying to deal with this since May. The main guy we were dealing with trying to get our insurance since May 2018. Apparently, the man we were dealing with did not have proper licensing and continued to go put it off. Finally, in July, a nurse came to take my vitals and information to be sent to the lab. I called in September 2018 only to be told the representative we were dealing with was no longer with the company. Nothing has been sent or completed, absolutely none of the current representatives know what's going on. I call last week at the beginning of October and was told they would call me back. I got a call on Wednesday and was told an underwriter would personally call me Friday. It is now Thursday of the following week and ABSOLUTELY NO ONE has any idea what is going on and I got another tentative promise someone would call me back by the end of today. This is so disappointing as before this situation I have had accounts with flawless service with CIBC for almost 25 years. I am concerned the situation is not being taken seriously, which leads both my husband and I to believe the insurance through CIBC is a joke and our situation is not a priority. Hoping someone can refer me to a positive experience with another service they've had as we are patient people but to wait from May to October for a response on status is absolutely unacceptable. Very disappointed and debating whether it's worth continuing being a customer anymore.
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Did you know that mortgage insurance is the same as life insurance but more expensive and offers less protection? By cancelling it and getting life insurance , you would typically save around 30%-40% for the same coverage.
 

Great advice

 
(5.0 out of 5 stars)
by Kirk Sep 17, 2017
I called in and spoke with a gentleman named Mike. He was incredibly knowledgeable and polite. He answered all my questions and provided fantastic advice!
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reasonable price

 
(3.5 out of 5 stars)
by EdwardG Jun 08, 2012
Have not died so do not know haw good thier claim department is. Price is reasonable.
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CIBC Life Insurance Company Life Insurance
3 reviews
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