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OMC (08/06/2020)
We bought universal life insurance policies 30 years ago and have dutifully paid our premiums. At the time we purchased the policies we were told by the agent that the interest made on the policies would keep them from expiring and keep the premiums basically the same or minimally higher. Now that we are older and retired, Midland National Life has increased our monthly premiums over 100% on one policy and almost 400% on the second policy. We feel like they are deliberately pricing us to the point where we will drop the policies, unable to afford the premiums. We feel this is nothing short of a scam and a disgraceful assault on seniors. 30 years of premiums pocketed for nothing.
Michael Martin (01/04/2021)
Fake loan company. Beware!
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