Complaint information
  • Author: Thomas
  • Date: 01.28.2012
  • 0
 (Votes #: 0)
01.28.2012

John Hancock Long Term Care Insurance Company

My wife and I have owned long term care policies for nine years and the premiums have remained the same during this period. We have arranged our finances to assure that we can continue to pay these premiums so that we have adequate protection. This week, we were notified that our premiums will increase 50% and that they have approval of the North Carolina Insurance Department. It is obvious to us that our insurance company, John Hancock, made a serious error in forecasting their future claim costs at the time they sold us the policies and now they want us to pay for their error. This forces us to either cancel our policies and lose all the money we have paid or greatly reduce the benefits we get. It appears that many seniors will be in the same position. Is there any recourse that we can take and can you help?
Thomas R. Mundie
(Personal Information Removed)


Thank You for reading of this Complaint / Review.
Complaint author: Thomas

Country: USA
State: Massachusetts
City: Boston
Address: 200 Berkeley St. PO Box 111
Phone: 8005059427
Site: www.johnhancock.com/products/long-term-care.html

Category: Miscellaneous

Dear visitor, you have entered to site as unregistered user.
We recommend you to Register or Login to website under your name.

Information
Members of Guest cannot leave comments.

USACONSUMERCOMPLAINTS.COM - United States Consumer Complaints, Reviews, Reports, Feedbacks and Claims. Board of Shame. Black list.

Every consumer of goods and services can leave on the site USACONSUMERCOMPLAINTS.COM a complaint, review, report, a claim or negative feedback on the person, firm, company, shop, service or web-based project, whose actions left this consumer dissatisfied.

^