Life Insurance Reviews

Transamerica Life Canada Life Insurance Reviews

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(4 reviews)
Transamerica Life Canada
2.1 out of 5 stars:
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lost life inurance of 20 yrs..

by Pat 100,000.00 on Nov 6, 2018
1 out of 5 stars

In 2016 I had one NSF on an ADP. They sent a letter to my old address which I never received. At that point, they started to deduct from my cash value until there was nothing left and then they cancelled my policy of 20 years. Now I am 60 years old and cannot afford a new policy They never bothered trying to call me (my phone number did not change). When I asked the rep why wasn't I called, she said: "We don't call." Of course, we know why they don't call. It is because the $100,000.00 will have to be paid to my wife in the next few years. My advice to anybody thinking of buying life insurance. Don't. Invest instead, you will be better off in the long run. I missed one payment of fifty dollars, and it cost me one hundred thousand dollars.

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