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Life Insurance Payout Headache - Allstate Review

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2.0 Overall Rating by

Life Insurance Payout Headache

When my fiancee's parents purchased a life insurance policy for him with Allstate over 35 years ago, I'm sure they thought they were in good hands. The policy cost about $1,000 for a $5,000 policy. Premiums were paid on time and in full. Fortunately my fiancee is still living, but we have fell on hard times after he and I lost our jobs. He remembered that he had an existing life insurance policy with Allstate that he could cash in to help us get through. What a mistake. Allstate representatives have lied to him, sent him a bad check, and continuously given him the run-around. Now is bank account is negative because of the dishonored check and we are in a worse situation than we were in before.

3.0 Coverage
3.0 Cost
1.0 Service
1.0 Claims

Allstate Ratings

  • 2.5 coverage
  • 2.3 cost
  • 2.0 service
  • 1.8 claims
  • 2.2 overall rating

Based on 143 reviews - 1 is lowest, 5 is highest

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