Can't get my investment back
by radubc on Mar 9, 2016
1 out of 5 stars
Secure and Certified
Your information privacy and security is very important to us. We use the same 256-bit encryption and data security levels as all major banks. Our practices are monitored and verified by VeriSign and Digicert.
Independent
InsurEye is not owned by any bank, insurance company, insurance brokerage or any other financial services institution. We collect, validate, and analyze insurance experiences of real consumers.
Insightful
We aspire to equip you with insights, data and knowledge to help in making informed decisions around personal finance, insurance quotes, and other important matters. We are always open for your comments.
I have a life insurance with capitalization with SSQ and now I want to cancel it. More than a month ago I called them and requested to close my life insurance and have my investment portion refunded. They said that they will email me a form to fill out, but it takes 10 business days. Ok. After 2-3 weeks I called them to ask about the form. They emailed it to me while I was still on the phone. Why took them so long it's anyone's guess. I filled out the form and faxed it to a number they provided. I was told that it takes minimum 10 business days to get my money back. Yes, that's right, minimum, there is no maximum. It could be 11 days or 10 billion years. Anyway, after two more weeks, I called them again. They said that they have not received my fax. I sent them the forms again by fax and email, including the fax reports showing that the fax went through twice. Again, they have not received them. I have an emailed confirmation from them, but they still haven't received my email. It takes 48 hours for them to receive an email. This is not it, anyway. They are still saying that they need minimum 10 business days. They count from today, or maybe 48 hours from today, who knows, whatever they please.
Do yourself a favor and don't deal with them. There must be other alternatives on the market.