Consumer complaints about Life Insurance

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"All men are mortal," said Socrates, which is about as good an argument for life insurance as you'll find. The purpose of life insurance, of course, is to provide for those we leave behind, so we should tailor our coverage accordingly.

This means that when we're middle-aged, with spouses, children and others dependent on us, we should have as much term insurance as we can afford, so that if something unexpected happens, there's money to pay the mortgage, send the kids to college and so on. Later, less will do.

Of course, it's not always easy to find the right policy at the right price, as the complaints below indicate.

Complaints
AARP AIG Hartford Life	J.C. Penney Travelers

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July 6 2008

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