Review: Bankers Life & Casualty Co
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Jessica

Nashville, NC

#23 Feb 27, 2013
Tom Miller wrote:
I'm not working for Banker's at least (not yet) but I have a few questions about them. I feel that I have made a bad decision to quit my cleaning job to work for them!!!! I live in Kelso, WA and I need to know if there are a reputable company to work for or not! Please contact me at [email protected] I need to make an informed decision before its too late.
Don't do it!!! I did and it was a decision I'll regret the rest of my life. It ruined my marriage and i only hop that my husband will pick up the pieces with me.
Aida

Grafton, NH

#24 Nov 13, 2013
My mother died in September, we are still waiting for her insurance check!I called(4)times and spoke with (4)different people and got(4)different reasons why the check has not been cut. First it was missing paperwork,then old version of paperwork being faxed (BACK)to them, then approval of the old version of the form (they had sent us)had to be done, then processing,then approval and mail time. NOW, they say they all of a sudden when I pushed for an exact date the check would be mailed that they can only talk with the funeral home; who is the beneficiary! And they wont speak to me at all! The Director previously called Bankers and was told they couldn't talk to him; *I* am the beneficiary. I spoke with the Funeral Director a few days ago; he said he has never had to deal with a company with this kind of run around; and he hopes he never has to again. The Funeral home wants they're money from someone; this was an unexpected death and we don't even have money to buy her headstone!!! This situation is a disgrace to us, and my Mother and we are not sure where to go from here? I also should mention that not once did Bankers contact US to say that anything was amiss; or there would be any kind of delay.
Brad Stockreef

Waco, TX

#25 Jan 14, 2014
Our Mother passed away over six month and we have not been able to get any of the death benifit from BLG Company. First time we talked to them we were told what to do and none of that was correct. thirvent Financial paid the benifit within one week. 6 months latter and nothing from Banker Life and Casualty Company, If you do not want your love one to pay out of pocket and then wait over 6 month, find another company to get life insurance from.

Brad Stockreef
KRF

Lexington, KY

#26 Jun 5, 2014
By the way, when insurance companies use the term "GPS", they mean "Gryphon Phone System", which is a phone database which ensures a potential customer you are calling is not on any state or federal "Do Not Call" list. If they are, then the system won't let you complete the call unless you have submitted documentation that the potential customer has requested you contact them
Kate

Monterey, CA

#27 Jul 2, 2014
My mother is 82. She has paid into Bankers for years so that she may have long term care insurance. Getting her checks has been next to impossible. There is no visible concern for their clients who have given them payments for years so they may be cared for in their elder years. If my mother had to do this herself she would have NEVER gotten any money.
It is June and we have now submitted April's hours three times only to be told that they were not received, filled out correctly or any other reason they might come up with. It is cruel.
I am going to hire legal assistance to help us.
My sincere concern goes out to all of you who are trying so hard to help your parents or clients who are trying to help themselves.
They have no right to be in business, it is criminal to mistreat people the way they do.
lefavor2008

Aurora, CO

#28 Oct 8, 2014
I use to work a short time as a clerk filing files in Chicago.. The conditions were not the best. This was back in the early 70s. There were about 10 of us. We had to be on our feet all 8 hrs. We did get our breaks but had to walk aways to
get to the break area. The way with getting our checks. There was a plan to put away money. When I left I had to deal with the institution to get my money. It took months to get it. After many calls and sending all required paperwork I would be told one thing and a different story in reality.
I regretted working there. This was just my experience as an employee and wanted to share. I am sorry for the folks that has had such a hard time as clients.
agent

Chaffee, MO

#29 Jun 2, 2016
insurancegeek wrote:
My mother had a million dollar life insurance policy through bankers life and co and a LTC plan (Bankers is top 3 in the industry) and I was more than pleasantly surprised at the speediness that our claims were paid and the support from my agent. I'm located in Michigan and used to be in the insurance industry and so I am familiar with insurance products so I knew what to look out for. When it comes to life insurance and LTC, Bankers are awesome! They have been around for quite some time and from my research, they are more competitive than North Western Mutual for Universal life insurance products. Their annuities are competitive- but other companies have better riders that Bankers doesn't offer, but they aren't bad. What I loved about bankers is that they don't owe any debts they cant pay off. If they paid out every single claim they owed tomorrow- they would still have a billon dollars to keep their heads above water and keep their company moving forward. They didn't ask for any government bailouts when everyone else was either. I mean in an insurance company... thats what I'm looking for.
Your mother must have been healthy as an ox and gotten the policy a long long time ago I'm 22 looked into getting a million dollar whole life gonna cost 53 00 a year my dad more than ten thousand he's 44 bit like I tell people I'm here for them I haven't made a dime in 3 months because other people have better deals for the same coverage I'm not the type to take advantage if I can't save you money or get you more coverage for the same price then I won't allow u to buy

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