insurance scams

cannoli · Sep 30, 2003

Why are you asking the question?

eyesonly · Sep 30, 2003

Seeking help with personal insurance fraud victim, who found out too late that pension did not exist, and company took over half of the "premiums" and would not return it when confronted with fraudulent sale. Vicitm entitled to only half monies paid now. Didn't AJN have article on this some years back?

cannoli · Sep 30, 2003

I don't know. I never saw it. Are you a lawyer?

eyesonly · Sep 30, 2003

No, not a lawyer. A nurse who was scammed. Just found out pension plan doesn't exist. Was sold fraudulently. Trying to find cases where this happened and successful outcomes.

cannoli · Sep 30, 2003

Where did you buy it from? Where was it advertised, can that source help you? What about whatever agency regulates insurance in your state?

eyesonly · Sep 30, 2003

it was an agency called professionals helping professionals, which is now defunct. wrote to insurance commissioner, but they can't enforce it if insurance company denies it. Insurance company denies pension plan, states was always just a life insurance policy. Wondered if anyone else out there has similar experience.

cannoli · Sep 30, 2003

So you never had anything in writing saying it was a pension plan? What about a written ad, maybe in an old magazine, if they advertised in writing? There is another nursing discussion board, maybe you would have better luck there.

eyesonly · Sep 30, 2003

It was a mail-in postcard I believe, 10 years ago. That company is gone, and it sold out to another life ins. co. What is the other discussion board? I'm new to this site. Thanks anyway for your answers.

cannoli · Sep 30, 2003

Nursingspectrum.com is the site, nurse to nurse is the discussion board. Good luck.