Life Insurance Reviews

London Life Life Insurance Reviews

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(35 reviews)
London Life
2.5 out of 5 stars:
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Delinquents!

by Unfortunate Victim on Jun 12, 2014
1 out of 5 stars

Started a policy in the 80's, and 23 years of payments vanished because of some bogus loan that was made on the policy. Try to do anything about it and all they do is just give you the run-a-round and treat you like crap. Months later, investigations are still going on and no intentions of getting anything done. This Company is full of FRAUDSTERS AND DELINQUENTS. DO NOT DO BUSINESS WITH THESE PEOPLE.

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Life Insurance and Investment

by Loyal Client on Jun 4, 2014
4 out of 5 stars

I have dealt with London Life for almost 40 years, from a claim on my late husband's disability insurance to his death benefit, and now my financial investment, I had no problem in customer services whatsoever. It is a very reputable company. I read some of the bad feedbacks from other people. It appears that the problems are with the individual London Life Representatives and not the company. It is very important to have a honest understanding working relationship with your representative. If you are not happy with him/her, call the head office and let them know. But as far as trusting the company, there are no concerns.

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Do not trust London Life

by Ihatelondonlife on Feb 24, 2014
1 out of 5 stars

I just had a nightmare experience with London Life’s Participating Life Insurance.
All they want is your money. The so called “Financial Adviser” has excellent cheating skills. He sold me the insurance with a premium that accounts for more than 1/3 of my salary, and told me the amount can be reduced next year. He hides the fact that reducing the premium “next year” leads to lossing about 1/3 of the premium I paid in the first year. Why he hides the information? Why he insists of reducing it in “next year”? It is because his commission for the first year is Huge, Huge. The commission would belong to him once the first year passed. What I loss would be what he earns, that is the key.
I cancelled the policy and naïvely made complaint to London Life. DO NOT believe London Life’s Complaint Office. All it does is to protect their “Financial Adviser”, therefor not return my money. They turned me down by using two kinds of “proves”:
First, “You signed the policy…” Yes, I signed the policy, but it is a result of cheating, which is what I am complaining for! If signing a policy can be used as reason of turning a customer down, are there any other complaint cases? I don’t know if the Complaint Office has no logical mind or just playing a game with me.
Second, “a note from the “Financial Adviser” saying he explained everything to you...”. The fact is he did not write anything at the meeting with me. It can be made up any time after when there is a need. On the other hand, I provided a real Hand Writing note by the “Financial Adviser” to prove he was cheating me, guess what, London life complaint office just ignored it. It is such unfair!
Do not deal with London Life!!!

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Did you know that if you are a 35-year old female, a term life insurance policy for 10 years with coverage of $500,000 will cost you around $15-$20/month? Getting your life insurance quote today will allow you to lock-in a great rate.

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by Anonymous on Apr 11, 2012
5 out of 5 stars

great agent , very helpful in every aspect . very knowledgeable in all areas

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by Anonymous on Apr 11, 2012
5 out of 5 stars

Have only dealt with an agent who was very detailed and helpful.

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by Anonymous on Apr 11, 2012
3 out of 5 stars

Life have never had a problem. Asked for papers to make a change and they were sent and clearly marked as where I had to sign.

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Did you know that if you are a 30-year old male, a term life insurance policy for 20 years with coverage of $200,000 will cost you around $19/month? Getting your term life insurance quote today will allow you to benefit from a great rate.

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by Anonymous on Apr 11, 2012
5 out of 5 stars

always kept in touch regarding my policy

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by Anonymous on Apr 11, 2012
3.5 out of 5 stars

I have been insured for quite some time with London Life and have not done much comparison. I did convert one policy to another type several years ago and found the agent helpful.

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by Anonymous on Apr 11, 2012
3 out of 5 stars

Have not had any problems - premiums are paid from the dividends made

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Did you know there is a 35% chance of developing a critical illness before you are 65 and 65%-70% chance before you turn 81? That means getting a critical illness insurance quote is no less important than getting life insurance. Your choice.

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by Anonymous on Apr 11, 2012
1 out of 5 stars

I was defrauded by their agent. We settled, and I still have a policy with them but I would never use them again.

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