Sign in

Reliastar Life Insurance Company of New York

Sharing is caring! Have something to share about Reliastar Life Insurance Company of New York? Use RevDex to write a review
Reviews Reliastar Life Insurance Company of New York

Reliastar Life Insurance Company of New York Reviews (2)

Review: this was my Life Insurance for 35 years I had a $25,000 policy with them until they raised my Life iNSURANCE FROM $114.00 YEAR TO $400.00 A YEAR I THINK SOMETHING TO BE DONE to Help me and other's not get swayed by companies who are only out for Our Money,not because I am going to be 63 years old to triple my Life Insurance. I am on a fixed income and had to cancel that policy and you know what I got out of 35 years of giving them my money was to triple my Life insurance premieum to $400.00 a year OUTRAGEOUS!! I need to know what you can do to help me proceed to get what is owed to me Not a check for $39 after 35 years.Desired Settlement: Refund

Business

Response:

We mailed the attached response to [redacted] today. We previously reviewed and responded to her concerns in May 2013.

Her policy, issued in 1995, was properly administered as a Variable Universal Life Insurance policy. When the cash surrender value of her policy became insufficient to cover the current monthly costs in March 2013 we mailed a premium bill to cover costs through May 2013. At this point the cash surrender values was significatly depleted due to a maximum loan on the policy. Upon receipt of her request to surrender, appropriate values were provided to her in accordance with the terms and conditions of her policy. There has been no new information provided which would change our position and warrent remedial action.

If you have questions or if I can be of further assistance please do not hesitate to contact me at ###-###-####.

Consumer

Response:

I have reviewed the response made by the business in reference to complaint ID# [redacted], and have determined that my complaint has NOT been resolved because:

[Your Answer Here] I only had a loan for $5,000 off my policy and true they raised my policy to triple of the other many years I paid out $400.00 every 6 months compared to $72.00 for many years

In order for the Revdex.com to appropriately process your response, you MUST answer the question above.

Sincerely,

Review: I called ING Insurance to cancel insurance premium payments on May **, 2014. I was told to call back in a couple days. The payment had been posted to my accounts. May **,2014 I sent e-mail for checks to be cancel for payments. I always spoke to May **, 2014 I was told by different customer rep. she would submit my request for payment cancelation. The total payments $41.24

and $35.00 for bank fee total $76.24. In the e-mail I indicated I would replace they payment with a money order at later date. I was late for payment when checks were submitted. I owe three policies [redacted]

Thank You [redacted]Desired Settlement: I would appreciate that the funds be return to my bank account and NFS of 35.00 be paid. I didn't cause this problem.

Check fields!

Write a review of Reliastar Life Insurance Company of New York

Satisfaction rating
 
 
 
 
 
Upload here Increase visibility and credibility of your review by
adding a photo
Submit your review

Reliastar Life Insurance Company of New York Rating

Overall satisfaction rating

Description: INSURANCE COMPANIES

Address: 1000 Woodbury Road, Suite 102, Woodbury, New York, United States, 11797

Phone:

Show more...

Add contact information for Reliastar Life Insurance Company of New York

Add new contacts
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | New | Updated