My dad has paid into his whole life insurance policy for over 20 years. Now that he wants to cash it out they are telling him that he can not. AIG says that my dad signs a paper to reenter his original contract and that his old one was destroyed 10 years ago. My dad never signed any papers saying that. The only thing that he had signed what that he was health and did not smoke or drink. Now AIG refuses to pay him out the money that he is owed. PLEASE if anyone can help us we would be so greatful
TS of bx, NY May 29, 2009
I have beeno fighting AIG for financial Workers Compensation benefits for 8 years. NYS Workers Compensation Board
ordered AIG to give me medical benefits but AIG refuses medical bills and monetary supplements, AIG even refused to pay for my back surgery. I have been diagnosed with cervical and lumbar herniated discs and radiculopathy, from an on the job injury. I want to sue AIG, how can I sue AIG and could any one recommend a firm that will?
Jessica of Sacramento, CA March 23, 2009
My husband and I are the beneficiaries for my mother-n-law's life insurance policy. My mother-n-law has passed away on 10/5/08 due to a charter bus overturned. Today, we have not even receive our pay out on the policy. It has been about 5 months now and AIG hasn't even make a verdict on the policy yet. We have been as patient as we can but it is getting me furious now because I don't understand the hold up on the policy. It's an accidental death, why is it taking this long? MY husband has contacted M. Machac numerous time but he always have a excuse that he's awaiting for documents from Walgreen. This is ridiculous. What do we have to do to get paid? We need help!
My husband and I had spent a lot of money on my mother-n-law's funeral. We need the money back in our account so we can buy our first home. This is holding up our ability to buy a house.
Vanessa of Reno, NV January 2, 2009
Refuse to make payment on impairment rating- workers comp - By Social Security Admin I have been found disable from this injury. J.Herbert adjuster. Supervisor Arlene
Found to be disable from Social Security and Valero Premcor and AIG refuse to pay imparment rating on workers comp
Jamie of Dothan, AL October 16, 2008
My mother passed away in August, 2008, leaving a 10,000 life insurance policy to pay for her burial expenses. My sister and I are both named beneficiaries on the policy. The funeral home completed a good portion of the necessary forms, which included (if you can believe it) a Claimant's Proof of Death, an original Death Certificate, An Absolute Assignment Form (so they could be paid), A NOTARIZED copy of the obituary (whew...good thing we placed one of those!), the original OLD policy (they changed company names), the original current policy, and an itemized bill from the mortuary.
After 4 weeks, we just received a request for proof that my wife is who she is, proof that my sister-in-law is who she is, and ANOTHER Claimant's Statement for the S-i-L. When I asked the representative how I might contact the regulatory agency that governs their company, she asked that I send THEM a complaint first. Bottom Line...If you don't have AIG, DON'T GET THEIR INSURANCE!!!!! If you do, best of luck disciphering what you have to do to make a claim.
My wife's sister is in desperate need of these funds but AIG continues to stonewall the efforts to get paid.
Sidney of Yorkville, IL October 16, 2008
i bought a disabilty policy from aig through my mortgage company citimortgage.on 11/06/07 i fell out the back of a truck while at work.i shattered and split mt tibua bone down the middle,and broke my wrist and elbow.i had a surgery to try to repair my leg ,they put 9 screws and 3 plates in my leg.as of today 10/15/08 i still cannot walk,my doctors say i will never walk without a walker and probally have to loose the leg with in 5-7 years.because the bones were so shatterd and mangled the surgery did not work.my cartilgae is now deterating and my knee is unable to bend.my only hopes are i found a specialist who wants to try a tibua bone transplant and total knee replacement(if successiful will releive 50% of my pains and i may walk with a cane.)this will only work untill the new knee quits working(7-10 years) then they will have no other choice but to remove leg.
MY DOCTORS HAVE SENT AIG ALL OF MY RECORDS AND 2 LETTERS stating i am and have been and will be TOTALLY DISABLED AND WILL NEVER WORK.aig has denied me twice saying to be totally disabled i must HAVE A LIMB REMOVED.when i first made the claim the lady said if you are disabled by ssi terms then you will be disabled as for aig.looseing a limb would be a dismemberment policy I BOUGHT A DISABILITY POLICY.
we are LOOSEING OUR HOME THEY (CITIMORTGAGE)has started forecloser .we cannot pay any medical or any bills.doctors will not do the transplant without any money because medicare only pays him he said 10 cent on a dollar. i need to pay the rest.we are LOOSING OUR CAR.WE JUST LAST MONTH WENT THROUGH OUR LAST MONEY FROM SAVINGS AND RETIREMENT ,WE ARE BROKE AND ABOUT TO BE HOMELESS.it is not fair i should be coverd i bought this disability policy AND THEY WILL NOT PAY.
Robyn of Oak Harbor, WA September 19, 2008
My mother and father had accidental coverage through AIG for about 15 yrs, all payments up to date etc. Well, he passed away on dec 31 2007 and she passed away aug 3 2008. they denied accidental benefits for his death because there was drugs in his system, he did not die from that and it was ruled accidental as he was only 45 yrs old. Noone gave me any notice that it was denied, after a couple of phone calls they finally told me it was denied, and than left it at that. didnt explain how or if I had a right ot appeal( I am going to appeal anyway), right now I am going to take legal action against them. It might be denied again, but I am going to try with all my heart because he had that policy inplace in case soemthing happens and we would be fine. My mother spent months trying to get benefits and all the stress finally caught up to her when she died.
Rajeev of Delhi, OTHER July 25, 2008
I had take a policy of TATA AIG Life insurance on dated 30-6-08, but i am not satisfied with teir services.& I had launch a complaint on 16-7-08 that i dont want any bond or something & I want to cancel the policy in freelookup period but they not processed my complaint & not refund my 3000 Rs.
Block my money since 2 months.
Laurie of San Antonio, TX June 11, 2008
I am the Power of Attorney for my Grandmother, and she has two life insurance policies with AIG with a face value of 1,000 each. She purchased one policy in 1963 and has been paying 3.91 a month. The second policy was purchased in 1975 and she pays 6.96 a month. I called AIG Customer Service in Nashville to find out how much the policies were worth, and was told that if she cashed them in she would only get a minimal amount of money way less than the 1,000 face value on each policy. When she passes away she would only get a total of 2,000. My Grandmother has paid in a total of 4,737.12 for two policies that will only pay out a total of 2,000 at her death, and she is still required to make monthly payments. She has paid 2,737.12 over the face value on the policies.
This is a huge injustice to the policy holders, and the loved ones they leave behind. AIG has already made 2,737.12 in profit, and they continue to collect the premiums. My Grandmother is living on about 900.00 a month Social Security which pays for her Nursing Home, so really she only gets about 40 a month to buy necessities that the Nursing Home doesn't provide. She could really use the extra money to pay for some of her medications that Medicare does not cover. How can an Insurance Company get away with this?
James of Moneta, VA April 15, 2008
When purchased the agent told me that after a few years the policy would be worth enough that the earning could be used to make the premium payments without compramising the total value of the policy. A while ago I was contacted by someone (lawfirm) who was enacting a class action suit for policy holders who were told that same lie. Asked if I wanted to participate, I responded yes. I never heard another thing about the suit and cannot find any word of it. Is anythng on record?
I purchased a life insurance policy from an agent who used untrue earnings potential to sell me his policy.
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