Man bought insurance 23 years ago, company says he can't use it

[@joannewsome5202]

$25K over 24 years for zero help now. Insurance scam!

[@christopherkidwell9817]

Yes and he should get a lawyer and sue over this obvious scam. Equivalent to those 'car insurances' from CarShield and others that judges have recently been declaring as obvious attempts at fraud.

[@TheBooban]

Better to invest it yourself.

[@HermannTheGreat]

Invested that would have been worth like 200k right now, that insurance company needs to pay.

[@shazrael446]

It's no wonder many millenials are flat out refusing to buy insurance. Don't be a sucker.

[@andrewj4426]

This entire country has become one big scam. So sad.

[@glbernini0]

Please make the insurance company famous! THEY DESERVE RECOGNITION FOR ABUSE LIKE THIS!

[@PoolsideData]

so well said -- US LIFE employees needs to be reminded daily about the horror of the company they work for.

[@ricknelms]

this is what you folks voted for cheaters ,thieves ,no moral compass

[@richardadams6988]

This is one of the saddest things to happen to America senior citizens !! You would think that the insurance company would step forward and be fair about this claim,!!! And here we go !! Absolutely nobody from the government insurance regulators. Should have intervened ,and bring some justice !!! But no !!!!! This should be one of ELON agencies that should be dumped ,and quickly, absolutely no responsibility .. And list of agencies and names should be available to the public!!! Government responsibility should be the utmost for the American citizens !!!! We deserve it !!!!

[@cyn4476]

All of them.

[@leonardodalongisland]

The word you want is "Infamous."

[@daleolson3506]

Insurance companies need to be completely overhauled. They are beyond dishonest.

[@buffystclair9042]

Run by lawyers

[@wendigo53]

@@buffystclair9042 My father was a lawyer. I never knew him to say something that he thought was untrue.

[@ytnsanw]

Best of luck with that. The incoming MAGA 'administration' will strip away whatever (admittedly) flimsy regulations are currently in place and hand insurance companies carte blanche. They'll be making more profit than ever - and you and I will be footing the bill (but not reaping the/any benefit).

[@CodeRed001]

@@ytnsanw Cope harder. Biden and the democrats did nothing for the working class. Bunch of champagne socialists who made out lives even worse than Republicans did.

[@pissedvideogamer]

You spelled burnt to the ground wrong.

[@jimgaston9863]

I had a $500,000 catastrophic injury policy when I was crippled in an industrial accident. I was denied even with a lawyer because of their hidden clauses,I still have trouble walking and incredible chronic pain but because I fought to learn to walk again they deemed it NOT a PERMANENT injury. Many people are paying for coverage they WILL NEVER RECEIVE,ITS THEFT 😮

[@joshuahenning2118]

Go postal bro. Make an example of them

[@littlemommacormier415]

I had a serious back injury and short term disability kept asking for more information and harassing me so much that I ended up with medication to help me deal with it. Long term disability that I paid 100% for through work for 14 years called me and he started harassing me and I just told him if you’re just going to harass me like the short term disability did don’t call me back! It took me applying to disability three times, two lawyers without an income for five years with a three inch file of medical bills, procedures and prescriptions later and living on my couch on a heating pad with non stop pain!

[@Tormekia]

It's terrible that working to recover means you can't get covered.

[@marlene56-143]

I am so sorry.

[@dominik4766]

If it is written in the contract, how can it be hidden?

[@python13578]

A prime example why there is no sympathy for the CEO of United Health Care that was taken out the other day.

[@ccc822007]

When you get rid of the good people helping others while letting the demons run amok you get this kind of society.

[@stellaperez6883]

looking for this comment

[@Protactiny]

exactly

[@ethansprofile6670]

But rest assured the executives got big bonuses.

[@MikeinTexas74]

The job of the executives is to make money for the stockholders. Anyone can buy the stock.

[@amzarnacht6710]

@@MikeinTexas74 Shill.

[@0bsmith0]

And that's what's ruining the US. Greed.

[@amzarnacht6710]

@@0bsmith0 Of all the 'deadly sins' Greed is the worst of them by a HUGE margin.

[@hobbes7460]

@@0bsmith0it’s not just the US

[@richc9359]

The man is 93 with dementia. The insurance company could have honored the policy and only been out a couple grand. Now they could lose hundreds of thousands if enough people see this news piece.

[@davidgenie-ci5zl]

If the provisions of the policy dont allow payment, why should he be paid? If the company pays out to people who do not meet the requirements of the policy, then there wont be money available to pay policy holders that do meet the requirement to be paid. Should you auto insurance pay to replace your wrecked car if you didnt buy full coverage to replace a wrecked car? How long will that company be solvent if it does that, then what of the people that did pay for full coverage when the insurance company cant pay them for a loss cause the company ran out of money? There is no mention of fraud here, this is about limitations of the policy. The old man it appears may collect if he goes to a rest home with a 24 hour on staff nurse, as per the policy provision.

[@MeMyself-y5n]

@@davidgenie-ci5zl On a technicality, though.

[@JiveDadson]

It's the principle of the thing. Insurance companies are in the business of declining claims.

[@porthosduvallon5301]

@@davidgenie-ci5zlfound to crook 👆🏼👆🏼

[@jasonconrad5772]

​@@davidgenie-ci5zlEven with full coverage they'll shaft you. Sounds like a comment from an employee or investor to me.

[@timmossjr.5633]

Who is surprised an insurance company is scamming someone. That happens all the time

[@Justin-uc8sc]

Nobody is surprised

[@julieyoung3815]

Amen ! Insurance is a scam !

[@0bsmith0]

The US is just scams everywhere you look.

[@PoolsideData]

liberals are horrible people. they did it again.

[@kinglinus3708]

They do it alot

[@juslookin3]

State insurance commissions should be preventing this abuse.

[@MarkStockman-b4j]

But as the Russian proverb says, "In traveling from 'should be' to 'is", many pairs of shoes are worn out."

[@jimmieusaf-pol5818]

They probably would if it weren't for the kickbacks, they would deny they get if ever asked. Insurance is ALL about profits, and truthfully has nothing to do with honestly paying claims to those paying premiums faithfully. I believe one of the prerequisites for working in the insurance business, is that you have to leave any integrity/empathy you might have had at the door, before you start working. They have a license to rob people, and it's some how legal...well not morally legal, it costs insurance companies money to make it legal, no doubt.

[@rogerspencer4071]

They are probably part of the problem!!!!

[@paulherbert5548]

@@MarkStockman-b4j The BIG print bring it and the small print taketh away ...

[@Chris-l5i]

They are part of it. Where do you think the Insurance commissioners go after public office?

[@altha-rf1et]

As a care giver for my mother for years, lets give a thumbs up for the guy for taking care of his father, I know it is hard,

[@duncelleperucho6682]

Question, did you have to leave your job to do this? If so, can you please give some info on that? Thank you!

[@altha-rf1et]

@@duncelleperucho6682 I worked 3rd shift, with the state of Florida working with mentally disabled people. I took care of her during the daytime, her husband did in the afternoon, we had a 110-acre farm did all the work on it as well, I did take college courses when I turn 45. I got a degree in Criminal Justice and Sociology, I could had gotten a much higher paying position, but I had to turn it down. I needed to stay on 3rd shift so someone will be there in the daytime. When she died, I started getting the symptoms of Parkinson Disease at age 50. I could no longer work. I had to stop working, working on 3rd shift did help getting my SSDI. Between the disability insurance and my sick leave hours I got a full paycheck for 18 months. I got my SSDI on the 19th month.

[@Shiningami_Jem]

​​@@duncelleperucho6682 In my case, I was terminated due to one week of leave, which the company considered it as "alarming in performance" and received my backpay of $200. I'm in Asia btw. So now, I'm looking for a job online at the same time take care of my mother. I'm the only daughter too btw

[@fluxfaze]

Good to know United States Life Insurance should be avoided.

[@URKlewless]

Like you were just about to buy ?????

[@catmom6830]

​@@URKlewless Piss off you ignorant little turd

[@BessieAggen]

This should be the pin comment, and @URKlewless no they were pointing out the name and putting it on blast you clown!..🤡🤡🤦‍♀️

[@Marvin.45]

​@@URKlewless I'm sure in the market and they'll get none on my money😂

[@richardadams6988]

@fluxfaze Absolutely, it's a fraud !

[@sam-zi3lg]

Insurance is a profit making business.never ever forget this

[@monroealie4030]

Fraudulent...

[@juliejohnston3431]

Never trust insurance.

[@2mangos]

it's a crock of bs is what it really is

[@chriskoschik391]

And they have a HORDE of lawyers to fight their own clients; funded by their own clients. America is a racket and needs an enema

[@MatthewADever]

On the Lifeline Exercise Diagram, insurance is definitely on the ‘fear’ side-

[@Katiekatie948]

Yep…happened with my parents too. If they had put the money in their mattress instead of paying that policy for 30 years…they would have had the money they needed in the end. Talk about elder abuse.

[@qt3dot14ish]

But they wouldn't have "put the money in the mattress", they would have spent it so it would have been gone anyway.

[@bobloblaw9679]

@@qt3dot14ish some people can actually save money and live frugally. does this surprise you?

[@qt3dot14ish]

@bobloblaw9679 Statistics show that 95% of people retire to a lifestyle that is less than which they had been accustomed, so "yes", no non-priviliged person can save appropriately. Part of that failure is because of "the system", part of that is just reality, and the other part is human nature. Nobody is living frugally and saving money. If one lives in a frugal fashion, then they are broke, and those that accumulate assets greater than their needs are the ones controlling the money and thus pay themselves more than they would make if they weren't controlling the money.

[@terry_willis]

@@qt3dot14ish You sound like Professor Irwin Corey, the World's Foremost Authority.

[@dokpikun-bg3en]

Same happened to my parents with 3 policies. When I took over their care, I halted all the payments. They lost so much money in monthly payments for over 30 years, it boggles the mind.

[@paulab9363]

My dad and stepmother bought long term care insurance sometime before 2005. I know because my dad passed away in 2005 and it was before that. In 2019 when it was obvious my stepmother had alzheimers/dementia, and went into an assisted living facility, I submitted a claim. They denied it because she wasn't in a "nursing home." Several years later, she got worse and went into a higher care facility, I submitted another claim. They finally approved it, but it took so long that she passed away about a month before they were to start paying. She paid the premiums for that insurance for probably about 20 years. Worthless.

[@Mugiwara2k]

This should literally be criminal. Crap like this disgusts me to my core.

[@joanlongino5776]

@@Mugiwara2k my conclusion yrs ago

[@Hey_Blinkin]

This guy's a good dude. Hope he is blessed in the coming years.

[@gelliebeane6789]

Amen

[@jeannineflores3623]

Caretaking is a complete labor of love and sacrifice.

[@paulherbert5548]

@@jeannineflores3623 it's obvious he loves his father.

[@davidgoodnow269]

The Veterans Affairs Administration covers Coast Guard, too. If his father never used the VA, the son might not know that. The VA will cover 100% of at-home care, and 50% of cost for a care facility. I know because I had to pick up the other 50% for my grandfather; not cheap, but impossible without the VA, and I owed it to my grandfather because he was the only one in the family who didn't turn his back on me, when I returned from Iraq.

[@MartenKrueger-sx4me]

I know the feeling! The family turning away from you feeling when you come home... 😡unless money is needed...but i am not a bank, Full no contact, siblings, children, formally parents.

[@genripper-b8q]

wouldn't expect this to last much longer before vivisection and musk blow it up. after all isn't the military for "suckers & losers"? trump doesn't even want disabled vets in his photo ops.

[@CatherineSTodd]

@@MartenKrueger-sx4me : so sorry that has happened to you. I too "know the feeling." Hope things get better somehow for us all.

[@Marine2111usmc]

I aways woundered when I'm of that age how they would treat and what they would cover. Semper Fi!

[@robertbirch2193]

I'm a Veteran now in my seventies and didn't know that. Thank you

[@kepckatherinec805]

I’m a retired RN and very familiar with the multiple ways insurance companies can let people down when they need help the most. Some years ago, my daughter asked if I had considered getting long term care insurance. I told her yes, I had considered it and no, I wasn’t going to waste my money on the stiff premiums. For one thing, no matter how stable an insurance company might be at the time of signing up for a policy, there’s no guarantee the company will still be in business when an insured customer needs the money. Second, as with the gentleman in this video, the company might still exist but the terms of the policy might not cover a person’s particular situation and needs. I deliberately saved enough money during my working years to more than cover the difference between long term care costs and my income from social security and annuities. I’m not rich, but I was careful with savings and investments. At least I’m not flushing money down the toilet by paying monthly premiums towards care that I may never need, should I be lucky enough to pass away before I ever reach the nursing home stage.

[@raygunsforronnie847]

My mom watched her Auntie deplete her savings by paying for nursing home care. Other than the 80 acres of farm land she had, Auntie was basically bankrupt when she died. Mom bought a long term care policy (late in life, too) because of this. Mom ended up in a nursing home, first for medical convalescence and then dementia, staying a little over 2 years before passing. In settling her estate I calculated that she would have needed to live several more months before her nursing home bills would have exceeded her premiums. She was about 4 months from breaking even if she'd paid cash for her care. We don't know how long we or our loved ones might need skilled nursing care, and insurance is a form of gamble - they bet we won't use much or any of the benefit, while we bet that life span benefits will exceed the premiums.

[@sheilabrosnan3968]

Better to take and invest it, but have to watch banks also, have to know where to place it.

[@transitengineer]

The only reason both my wife and myself, each have a Long Term Care policy is because, we have no children. If we had kids, I would have just opened up a separate investment account in my 50's, and my children could use its assets to help pay for my care (smile ... smile).

[@althunder4269]

He paid $25,000 in premiums over 25 years for the insurance. He should have put that money in the S&P500 and he'd have at least $250,000 now.

[@2fuzy]

When my grandmother passed she had pre paid for a plot and related expenses and the company just refused to honor it

[@brendawaggoner7555]

😢

[@asukareilin]

There is no “honor” involved! They were paid for a service which they failed to provide so breach of contract. Sue.

[@2fuzy]

@@asukareilin true however it was a situation where what does one do

[@ipromisethatserendipityisa9656]

Imagine paying for an insurance policy then needing to hire a lawyer to get a claim. Ridiculous.

[@XXAbbott]

and if you're lucky, it'll be handled and you win, if you're not lucky, it'll be deferred over and over and any person who's not rich would just have to give up due to the cost.

[@Molon_Labe1776]

Insurance is a scam. You think you're covered when paying your premiums, but when it comes time to collect they delay and deny any claims.

[@gregkurtz3804]

I’m sure they have a form email or hardcopy that is sent out immediately upon receiving any claim with their denial statement. Standard operating procedure.

[@SewingBoxDesigns]

They did the same damn thing to my mom and then offered us 200$ as shut up money. Sued them. 😁

[@cubey]

Capitalism is a scam

[@JesseR-p6j]

That or paying high premiums for medical insurance and not getting any benefit for it. Most people are better off self-insuring if it is possible.

[@DrBozoEinstein]

They only want, and get, your money. Similar to needing "supplemental policies" to beef up your SS plans that you worked and paid for that are inadequate. You MUST keep paying SOMEBODY! It's a law!

[@CharlesCullen-l4z]

Theres a special place in hell for insurance agents.

[@ForYour2EyesOnly]

💯

[@seemsgood85]

Insurance underwriters and companies. Agents aren't decision makers.

[@melikebuttz4265]

Insurance agents LMAO don't write the policy. They don't have degrees in Actuarial science. In fact I would say most insurance agents don't have insurance degrees.

[@microscopic.caterpill]

@@joemichael3656fair enough and you persuaded me. send @crazydawgman to that special place and them two dogs too while we at it!

[@joseeduardo4327]

@@joemichael3656show me on the doll where an ins agent hurt you

[@ellewilliams9424]

Wonder why a CEO was assassinated? Here it is.

[@LucyLoulovesyou]

The CEO of that company is probably shaking in his boots... with the current seniments people have toward these kinds of swindlers...

[@OhioDemocrat]

Someone screwed by an insurance company. Somehow, I'm not shocked.

[@brucewilson2763]

Don’t you love insurance companies whose policy for handling claims is: 1. Deny. 2. Respond to the appeal with another denial 3. Wait for Channel 9 to get involved 4. Reconsider position, but don’t stop denying.

[@joshuahenning2118]

And then insurance companies wonder why people walk in wit a sawed off shorty and off people who cheat them.

[@OnlyOneTruth25]

@@joshuahenning2118I think they know why but their greed outweighs the risk.

[@Nutrafin-3D]

On top of insurance companies being scams, how about medical costs being absolutely reliant on said scammers to pay them ludicrous amounts of money for simple procedures?

[@IrishGigs]

They did the same to my father. He had a cancer policy and passed away of cancer but was told the policy was for a different type cancer. My mom was so distraught.

[@TheSimba86]

it's an insurance company. they will find any reason they can to deny your claim

[@spvillano]

An upside is, the insurance company executives are swiftly displacing Congress and the VA for assignment as first against the wall whenever a revolution comes, per every veteran I've served with.

[@spaghetti9845]

and nobody questions that governments mandate people have it.. almost like they are getting some of the profits... na that would never happen

[@gimcrack555]

I had some roof damage, do to a strong wind storm. Got a estimate and cost only $3,400 for roof repairs. I have a $1,000 deductible. So I file a claim to pay for the rest. I got denied, because of the age of the roof. Roof still had life and I'm only asking for to cover the repair not the whole roof. So I just drop that insurance company and just paid for my roof repair in cash. I now don't have home owner insurance. I have a very large emergency fund to cover experience now. Instead paying the insurance company I put it in a emergency fund. At least I don't have to wait for a claim, which takes way to long. I can just fix and repair any damages done that day with no hassles or headaches. No regrets doing so. Insurance companies are just scams.

[@taze317]

Allstate was paid $70.00 each month for 25 years. Never missed a payment, never late. They canceled the policy 3 months before my wife died.

[@SewingBoxDesigns]

That's the one that my mom had. They refused to pay on her life policy, then offered us 200$. We sued.

[@taze317]

@SewingBoxDesigns I've thought about doing the same. My wife had dementia. I have found mail in very odd places and some long after they arrived. It was only fifty thousand dollars.

[@roselynn816]

Thats sick.

[@sobeit3356]

Why did they cancel the policy?

[@taze317]

@sobeit3356 Because I didn't respond to some letters they sent. I've been unable to find them. I spoke to them and explained that my wife had dementia and sometimes mail didn't make its way to me. I think that those letters should have been sent certified mail. Anything that requires a signature. Then I would have gotten it.

[@kaykirchler-ry5un]

My stepdad and I had the same or very similar situation. “has to be a 24 hr nurse” etc but your facility has a name that doesn’t qualify and on and on and on. He paid for almost 30 yrs on long term care and their final settlement was less than $400.00. Total fraud. Legal theft.

[@shawnclawson890]

All any insurance is , is state sponsored extortion

[@raxroc3887]

The CEO of this company be hiding right now.

[@carrottop3454]

Well you see what happened to United health care. People are sick and tired of paying premiums but not able to make a claim.

[@michaelsmiley15]

And the state insurance regulator agency is letting them get away with that

[@OuttaasiteNdynomite]

They took are bought off by the insurance companies

[@RS-cw3oy]

Polis supports companies abusing the public

[@yooh577]

There is a new sheriff in town, these people need to be wary of his gaze being turned their way.

[@fredthegraycatt]

So, an insurance company is selling a policy that can never pay out. The state insurance regulator should be mad as hell about this. The state insurance regulator is probably being paid off.

[@DrBozoEinstein]

Of course. Even some BIG companies will do this to you. I know. It's the "You can't get there from here " clause.

[@nancienordwick4169]

Insurance is gambing. The house always wins.

[@MultiTurbospeed]

This is why people just go without and most would rather go to the promise land vs having to deal with insurance.

[@ginger6582]

Happened to my mother too with a different insurance company. They will do anything not to pay.

[@nelsonherrera1038]

He needs to hire a hero with a backpack and a hoodie. Im sure the insurance company will change their mind.

[@tiakennedy1681]

😂

[@piu3685]

God bless this man for letting us know

[@tadmarshall2739]

My mom's long term health care insurance worked out about like this. She collected a mere fraction of what she'd paid in premiums. It would have been cheaper to just set aside some money and let it grow rather than letting an insurance company take her money.

[@laryleehitchens9350]

Something is happening to my Grandmother now.

[@thedoor5442]

Insurance is a scam

[@johnmeckel2319]

Yes, it is a Gamble. The Alternative is to Earn and Save Enough Money to Cover your Needs in your Future. Most People Chose to Gamble With Insurance Companies, as they are made to believe they are Getting More than they Pay For. In some cases they Do, and Some they Don't!

[@lukehahn4489]

@@johnmeckel2319 "In some cases they Do, BUT in Most cases they Don't!" There. i fixed that for you

[@Wilhuf1]

Takeaway: don’t buy long term catastrophic insurance.

[@stevenread5473]

Never. Same for burial insurance. It costs around $1700 to be cremated . My mom bought a policy 25 years ago for 1700. You know what the benefits were? Exactly $1700. They made 25 years of interest on the money she paid them then in the fine print was maximum benefit $1700. She should of just put the money on an interest bearing CD or something.

[@Wilhuf1]

@ that’s terrible. Shame on that ‘insurer’.

[@stevenread5473]

@@Wilhuf1 Ya burial and cremation insurance is a huge racket. So is life insurance with no exam , $9.99 a month. Colonial Penn . I don't think there is any benefits for 3 years then the benefits are only a few hundred dollars. They prey on Seniors . They figure only $9.99 a month what's the harm? There's no benefits!

[@beverlymcleod6184]

That is so typical for these insurance companies. They will use every dirty trick in the book not to payout. What difference does it make if there is no nurse on staff 24 hours a day. It makes no difference. They created a loophole for themselves that the average policy holder isn't going to give a second thought about until it's too late.

[@cw8317]

The way this news reporter asked “why did you call me” isn’t ok his body language and tone was just rude. You could have asked that question privately and not make that man feel uncomfortable like he is bothering you! He is obviously reaching out for help! This is important information we all need to know so thank you to this man for “calling you”

[@brandonabel9883]

Insurance is one of the biggest legal scams

[@terencejay8845]

It's a Casino, and rigged towards the House.

[@bohunter1949]

My mother got a burial policy for me back in the fifties. 17 Cents a week worth $500. I am 75 now but know one will honor the policy. Company that offer the insurance is long gone out of business.

[@ritadyer9295]

Usually there is another company that has bought the old company. It may have treasured a few times. At least that was our experience when my dad died from some stuff I’d bought in the 70s and 80s. It took some time to research it out but in the end it paid.

[@kathywright6853]

I live in Al and my parents bought those same kind ,one of our local funeral homes still honor them,my eldest brother and both my parents have passed and we used the policies,I hope they continue to cause I still have 2 brothers and myself

[@bohunter1949]

@ My policy is only worth $500. Cause more to fight it than what it is worth. Policy also states that no matter what you will be burned for the policy face value. Thanks for replying and sharing.

[@1995texasaggie]

@@ritadyer9295 Good to hear! I have a policy written by Reserve Life Insurance Co. - Dallas Texas from 1942 - No insurance company claims to have the policy. Like @bohunter, the fight isn't worth the time..........I have contacted many companies and I can now serve as a historian for Reserve Life of Dallas.

[@blaydCA]

Check with the State that the policy was issued in. There may BE a pool of funds that the issuer HAD to pay into!

[@troark15-m5o]

As a long term care specialist, I deal with this almost on a daily basis. Have a resident now that purchased a policy years ago, only for the company to say that they cannot pay on it due to the resident not being covered under anything. They will gladly take your money, but refuse tonpay out when needed

[@A.A.Goldstein]

Sounds like this company needs a visit from Luigi.

[@stupidplumbing2343]

The number one reason we don't have socialized healthcare is because of the insurance companies. Companies that consistently screw their customers.

[@markknox182]

Never trust insurance companies

[@jeanettemonroe7162]

Period t!😢

[@purplesprigs]

I have been paying for AAA insurance since 1988 (renter's insurance on my first apartment). I have also used them for my auto insurance. Hurricane Milton severely damaged my roof. They denied my claim.

[@stephaniehowe0973]

❤

[@raygunsforronnie847]

If you rent, the roof is the responsibility of the landlord (unless you have a commercial or triple net lease). Are you saying the renter's policy didn't cover damage to your personal property as a result of the roof leak/damage?

[@Law19157]

Seems you can't sign on any insurance policy these days without an attorney going over the terms with a fine comb

[@superdave8248]

Pretty much this. I remember back in my poor college days I was living in a trailer park. Got a knock at the door and a insurance salesman was making rounds. Offered a medical insurance policy that would pay out if you were out of work if you got sick. The cost of the insurance each month wasn't that much. The amount payed out would have been about a days salary for me at the time. So I got the insurance. Then I started reading the fine print. I'd have to go to the doctor. Be diagnosed with something that would get me a doctor's note from work, and then go back a second time to confirm that I was better. Only then would I be able to file a claim. Neither doctor's visit would have been covered and would be out of pocket. Unless I was out for a week or more, there was no way I would make any money on this insurance plan. And they knew it. This was decades ago. Almost 30 years. So I suspect these types of plans don't exist any more. Hell, Covid alone would probably have wiped these insurance companies out.

[@toddsuttles695]

Re: Lawyer, that won’t help. It usually costs more to defend your position than your “loss”

[@jowiens32]

This is exactly why a man was murdered in cold blood in the streets. Insurance companies are criminal

[@chrisstallings1948]

THIS Story hits home with me. My Father had Alzheimer's and dementia and was supposed to have VA benefits from serving in the Marines since the Korean War. My dad even served as a cook on the USS Curtis which transported A-bombs to bikini island. The stories and history my father told had everyone listening intently. My father's health declined, he was approved to receive money from the VA for hospice care, and while in hospice care for several weeks, my father passed away, and then the VA denied the claim saying, well he died before receiving the money, so we are not going to pay., and left my family in debt.

[@bar10ml44]

It's a horrible greedy world.

[@jaklg7905]

This is the stuff that the government needs to be addressing. These insurance companies that are scamming people.

[@sandyhubbard6618]

The government is in bed with the insurance companies so don’t hold your breathe.

[@incubusrok]

The insurance companies pay the government in lobbying and campaign funds. Only recourse is in the courts and boycotts.

[@cr6025]

Not going to happen in the next administration

[@al2275]

senator Rick Scott of Florida stole billions from Medicare, and they just tried to make him Senate leader! They are the thieves!

[@chaoticXmisfit]

You think people who want to police womens bodies cares about what an insurance company is doing? ​@cr6025

[@BradleyElkins-y6p]

This is the type of thing that news station should show on every one of the stations.

[@brendasnow8255]

The same thing happened to my mother. My SIL told me to write to the state office that monitors insurance companies. They told the insurance company to honor the insurance, or they would not be allowed to sell any insurance in the state of Montana.

[@MarkStockman-b4j]

In New York State, you probably would never hear back from the State Insurance Department. And if you did, it would probably be "We have investigated the matter and determined that no action is necessary. "Therefore we are closing the case."

[@HermannTheGreat]

@@MarkStockman-b4j Yup you got it, that's their stock response from many different types of companies including gov agencies.

[@jeanpierre9539]

This is why most people hate dealing with insurance companies. Health, auto, home, etc! It’s disgusting how they rob hard working individuals..

[@DeweyKnowaBitfromaByte]

I am always heartbroken at the neglect our veterans face.

[@inyourmama1559]

Give that old man his money back they lied

[@richardadams6988]

@inyourmama1559 Fraud runs rampant in the insurance industry !!! Billion dollar industry huge profits and margins, they make there on rules!!!

[@JKnksrsly]

​@@richardadams6988I would believe there's more than 1000x million dollars in the insurance industry profit per year

[@SmooveBee1]

They owe him more than his premium, that would be too easy.

[@ameyring]

My inlaws did a similar policy for years and then the company went bankrupt, like a lot of companies are facing due to people living longer. With help from a lawyer and a screaming sister in law, the money finally came. Don't give up!

[@karencloskey7147]

Correct. He should not cancel the policy yet.

[@divinity176]

$25k will get you a useless insurance policy but a kid like that is priceless.

[@sharonrose50]

This doesn’t surprise me these insurance companies will always have a loophole like that to help prevent them from having to pay it out and more than likely the money he paid on is gone anyway.

[@OuttaasiteNdynomite]

Are you kidding me? These insurance scammers have taken the money and made themselves wealthy enough to go global with their scams.

[@rona4960]

Everything is in the fine print. It is up to the buyer to see that

[@OuttaasiteNdynomite]

@rona4960 no it's not. The buyer has little options for insurance. Either you buy it or don't and it's even been mandatory under oblowme. They are all pretty much the same. Take it or leave it. They claim they cover you for what you pay but when you try to use the insurance they will deny you coverage they sold you under false pretences. They are scam Data scraping immoral companies that need to be overhauled to a do what you say and pay what you sold the person when they need it. Not pay me for coverage that I may not provide at my sole discretion which will never be in your favor and I will always profit while you suffer

[@benjie128]

Cheaper to lobby congress for loopholes than to actually pay out.

[@jeanettemonroe7162]

​@@rona4960you work for the Opps!

[@PM-bs2mf]

Insurance is a total scam!!

[@davidgenie-ci5zl]

If it is a total scam, I suggest you cancel all your insurance policies, Auto, home, renters, health etc... live it like you mean it.

[@smokingjoe9864]

​@@davidgenie-ci5zlI don't have any insurance. I take the bus. 22 bucks a week pass. You don't need a car in this neighborhood. Don't have anything worth stealing for renters insurance, and I don't get sick. If I need er care, I just toss the bill. They can not refuse you.

[@julieyoung3815]

Amen ! It’s a scam . They own him a refund !

[@julieyoung3815]

@@smokingjoe9864here it mandated to have rental insurance in even the cheapest apartments . A one bedroom is 900 . Half to make 3 times the rent whith a credit scar of 645 . Plus fees , fees . The government punishing poor people for being homeless. But they won’t fit the rent price and exploitation of poorer people.

[@cubey]

It's capitalism in action.

[@deec3561]

This is so evil. I think I’m going to cancel my policy and take my chances

[@MarkStockman-b4j]

That requires the fiscal discipline to actually put the policy amount in your savings account or investment account every month and then not touch it.

[@ronaldmalloryjr7166]

THANK YOU!! My premium is due in December and I am dropping them. THANK YOU!

[@BetterVideoz]

I would be be terrified to be a CEO of a healthcare company, and would start treating people like they were actually human beings

[@MrKryptonite666]

I have a friend who's father was just diagnose with a kind of stage 4 cancer, his father learned that his life insurance policy that he's been paying for the last 25+ years suddenly will only cover like $1500 in expenses when he dies... it's insane that they can do this to people

[@mcy2phil]

The problem is he is in a assisted living facility. He needs to be put into a skilled nursing facility. Went through it with my mother.

[@bmitc264]

This is the answer 👆

[@l.siestador7248]

Double the price. What if the insurance still doesn't pay?

[@mcy2phil]

@@l.siestador7248 the reason his insurance isn't paying is because he's not following the contract of the insurance company. The contract states that he has to be in a skilled nursing facility. A skilled nursing facility has a nurse on duty at all times. He's living in a assisted living facility that doesn't.

[@intromastr]

It doesn’t even matter... these so-called "insurance" companies are a scam and need a complete overhaul. They hire staff whose sole job is to find ways to deny coverage.

[@OnlyOneTruth25]

Yes and many times they just drug up the residents and don’t take good care of them for $8K a month or so. The best care is usually from a loved one in the home with outside care coming in as per the need level to help. If there is a care giver in the family willing and able to do that.

[@patsyk.1563]

My mom bought a $2000 end value life insurance from JC Penny subsidiary many years ago, paying monthly. When she had medical complications I took over a lot of her finances. When I discovered this automatic deduction, I figured out she had paid into the account close to $2200 and told her that. Before I could do anything, a few days later she called and cancelled the account. My problem with the company (Stonebridge, I think was the name) was why wasn't there an automatic stoppage of premiums when the max payout was reached? Not that it would have helped at that time or when she died, but it would have made sense. I guess business is business and humanity stops where the business begins.

[@sassuki]

People forgot God.

[@yvonnephillips3888]

Went over proposed insurance with a fine tooth comb before purchasing and turned them down. Assisted living and nursing care are so different. The cost of assisted living where I live averages 5,000to 8,000 thousand a month out of pocket.

[@nathan2278]

Turns out there's a way to deal with this.

[@tifnicole-youractiontaking4492]

Everyone need to cancel their US Life Insurance policy.

[@hobbes7460]

Insurance companies don’t make money by paying out on their insurance policies.

[@artm6723]

Disgusting.

[@t.c.2776]

So all he has to do is move him to a better 24/7 nursing facility... Or possibly put him in a Veteran's Nursing Facility...

[@marih3286]

Thank you both for airing this story. At one time, I bought a "Long-Term Care" policy, but had to let it go after I got laid off from the employer who offered the policy. Turns out the insurance company through whom we were offered the policy went out of business anyway...

[@dennisd9554]

I saw this with my parents. My dad got a long-term care policy and paid on it for decades. Yes, the premiums were very low because he got it early, but by the time they actually could have used it there were so many technicalities and stipulations and the reality was it was easier to care for our mom through other means than what the policy would have covered. If you're buying insurance unless it is one of the big companies that will still be around you're not likely to get use out of it decades later because they could be bought and sold. Probably also another reason to switch simple insurance like auto and homeowner's every 5 years too, so that you know it is up to date for your needs as well as competitively priced.

[@fredflintstone2234]

Thank you. You saved me a ton of money! I’ve also heard they screw you by doubling your premium in XX years leading to outrageous monthly premiums, knowing you will have to drop the insurance and lose the thousands you have invested. It’s a disgrace this country allows these fraudsters.

[@ForestToFarm]

I paid for a life insurance policy for 30 years. I was told it would mature and I could take a cash withdrawal if I desired or keep the policy. So when it reaches maturity I was told that I had to get a new policy. I said so where is my money? They said there is no money. The policy had changed hands a few times over the years and apparently along the way someone changed the terms without my consent. Most insurance is a scam. Terry

[@Thoivu]

Could you tell me the insurance company name. Thanks

[@ForestToFarm]

@ I will have to see if I can find the info. It’s been quite a few years ago. The original name as well as those who purchased it slip my mind. I had a woman call me late one evening. She told me she worked for my insurance company and she had some information for me. She said that things weren’t right with my account. Then she said she was going to loose her job for telling clients this information. Then she said she would call later she had to think about it. She never called back. She sounded very distressed when she called. Really weird. When I bought that policy I was 22 years old. I was told it would mature and I could get my money out if I wanted. It was never to expire. It was guaranteed no less than 4% interest. All that changed somewhere along the way without my concert or knowledge. I think it was $100,000 minimum I should have had. I never pursued any legal action because I didn’t want to lose any more money should it not pan out for me. Terry

[@tlynn9819]

Went through similar situation with family member. Speak to a manager and ask if they will refund any of what he's paid in.

[@jimchoate6912]

We are alive to make other people rich.

[@UncleDavesKitchen]

LOL, you are right, I didn't think of that. You put it all in one sentence

[@ogadlogadl490]

That’s why I refuse to create another generation of slaves.

[@nodata4662]

Rich people have convinced us to be afraid of socialism because that would fix this problem. We can't be helped if we refuse to see this. Everyone who has ever been in power lately thinks life is only about money and want us to subscribe to that thought too. We are just as greedy and selfish as our overlords taught us to be.

[@cubey]

That's capitalism

[@ogadlogadl490]

@@jimchoate6912 that’s why I’m not reproducing, not gonna make the next generation of consumers.

[@timothynelson6918]

Please channel 9 continue to fallow up. It is your involvement that has the company reaching out to this son. If you keep pushing maybe this gentleman will get the help he already paid for.

[@tarajoyce3598]

Just wait. Once all consumer protection departments are gutted insurance mandatory payout not likely. Think it's bad now? Buckle up.

[@ronk9830]

Got that right!

[@johnrebman5718]

They should at LEAST get every penny of the paid premiums back!!

[@howardjessica7704]

Theft plain and simple. And when he needs it most and is incapable to help himself, it’s not there for him. Sad, this is corporate elder abuse. What would have happened if he didn’t have his son? Poor man thinking he was doing the right thing only to get robbed by corp fine print.

[@annking1576]

My Dad purchased a Prudential life insurance policy bought through Dad's work which was bought by Met Life. Met life will not give me insurance policy details of the payout amount. All they did was send a check for approximately $245. I did not cash my check. How do I obtain the information about a parent's insurance policy? As a named beneficiary can I demand a. "freedom of information" for the policy details. The family has the "right to know" & a right to the policy's payout. Why should Metlife take my rightful beneficiary payment? How do we fight this injustice?

[@andylin6560]

If you dad has not past yet, you can have him or help him call Prudential and setup an online account. Then you can "manage" your own life insurance policy through their online web portal.

[@moonbellybaby6238]

This should go ALL the way to the Supreme Court ‼️🤬

[@raygunsforronnie847]

They'd not hear the case, there is no Constitutional question here.

[@risslah]

Such a shame. An aging Veteran. 😢😢😢😢what has this world come to?

[@Pleebixx]

While illegals get healthcare handed to them for their every need.

[@nowhereman7398]

An aging veteran who probably can't get any help from the VA either.

[@NewSoulMusic2023]

and then complain if someone kills someone who is Healthcare CEO ...

[@dusk1234567890]

Oh yeah, this is so much better than universal HealthCare.

[@someoneoutthere2159]

The least the insurance company could do is refund all the money the dad paid on the plan. That’s why I’ll never buy life insurance!

[@erynlasgalen1949]

Whole life insurance is not a good investment vehicle because the company uses the premium to buy tern insurance and invests the rest, keeping uch of the profits for themselves. Anyone is better off paying for term insurance during their working years and investing by themselves. It is the paycheck that is being protected in the case of a premature death.

[@erynlasgalen1949]

First Ferengi Rule of Acquisition -- once you have their money never give it back.

[@raygunsforronnie847]

@@erynlasgalen1949 That was basically the premise of Primerica Financial - move folks out of whole life to term life, use the cost difference to retire high cost debt and then buy Primerica's mutual fund products. Some agents got very wealthy, then Diamond bought his old boss's company and Primerica kind of moved to the back burner.

[@Cowboy_up429]

The CEO has already used that money for his 2.6 million dollar home, cars, boats and trips.

[@UncleDavesKitchen]

I'm an RN. I've heard this before from patients that paid in to Long Term Care insurance and it didn't pay out. I wonder if he's low on funds if his dad will qualify for State Medicaid and get long term care benefits including inpatient care with 24/7 nurse?? Just a thought.

[@romeysiamese6662]

Though he has an income his son stated “not a lot of money”…he’s likely over the financial limit for Medicaid. If he has a home, assets, insurance, a bank account…i don’t think Medicaid will cover his nursing care/long term. Horrible situation and most likely a common one. Hopefully his son can have a nurse come at least once a week to help. 😢

[@blaydCA]

​@@romeysiamese6662 Depends if those assets are in a trust fund or not

[@dorothyminor7581]

Still worth looking into! Every state has different qualifications for Medicaid.

[@romeysiamese6662]

@ yes!

[@UncleDavesKitchen]

@@romeysiamese6662 I'd imagine at this stage of his disease and advanced age he's signed over, sold or lost his possessions and assets including home and savings so maybe only a Social Security income at best. Just a thought, worth it to look into Medicaid at least.

[@Sean-oy8xm]

Insurance of every type is a scam.

[@MarkStockman-b4j]

Our insurance company for auto, home and life is Amica. They are a mutual insurance company- member owned like a credit union, basically a not-for-profit. We get a dividend check every year where we get our share of the profits- that is enough to make one or two monthly payments. Back in 2020 when everybody stopped driving to work and claims fell, we got a second dividend check. My wife's last job was dealing with auto insurance claims when people would run off the road and hit a guide rail, road sign, etc. Amica is great to work with on both ends, whether you're a policyholder or filing a claim against their policyholder.

[@ryanr7570]

Actually there are facilities that have memory care dept or solely focuses on dementia. I suggest transfer him then reapply. I know this because I’m a nurse. The son should look around first. 🤦‍♂️

[@AshiStarshade]

The problem was a lack of a 24 hours on site nurse. Presumably a facility with one would be more expensive.

[@jesstreloar7706]

My grandfather was unable to understand all his financials and had to turn that over to my Dad. Dad found an term life insurance policy that would only pay off, if Grandpa died in the hospital's ambulance as a result of a motor vehicle accident, on the way to the hospital. Dad cancelled it.

[@kevinyoung4616]

It's criminal that they don't pay .

[@drmasroberts]

I have personally known two men whose parents had "longterm care” insurance policies. They lived at home into their late 80’s. Neither family was ever able to collect a dime for nursing care over similar exclusions in the policies. I don’t think this story here is uncommon.

[@stephaniejoy3334]

The advice being shared here: forget paying an insurance company and pay yourself...set up a savings account and don't touch the amount you deposit every month. In 24 years you'd have 25k guaranteed.

[@missaamane8580]

$300 a week. Oh my goodness. What a scam Please please read your parents insurance policies . Don't get something and wait 20 year's to find out its a bad policy