Quote:
Originally Posted by survivor
after intense conversations with prudential, they agreed to offer the same coverage to myself as before the chrysler b.r. actions. in essence, prudential took my money, cashed the check, the check cleared but they denied they had a policy with myself.
to date they have not refunded any money they denied they have received. i made payment on another, new policy to maintain coverage. if you have depended on this policy for estate planning, caution is necessary. keep all your documents and proof of payment! your beneficiaries may not be aware of this mess.
|
Thanks for the update - I'm pleased to hear it sounds like you're on the path to getting the problem solved.
Concerning Estate Planning, you make an excellent point. With the return of the "Death Tax" I'm sure more dealers will have to decide if life insurance is a useful tool to minimize the tax obligation of their heirs.