Americo Life, Inc

Kimberly B 

on BBB

3 years ago

They sold a $1000 policy to my 81 year old mother who has dementia. All she remembers from the transaction with the scam artist is that it $1 a month. That was of course just for the first month.It matures when she is 124 years old. He preyed on this community knocking on doors and he should be ashamed. She could have put the 40 a month it actually costs, under her matress and gotten a better return. Complete c*** of a company and human being. 

Angela G. 

on BBB

3 years ago

The worst company to deal with, I lost my Mom in June they took forever paying the funeral home I called for a copy of my Mothers policy to turn in to Fema and they were so rude they actually laughed at me .. Whats funny about losing a parent!! 

Raymond B 

on BBB

3 years ago

Neglected to cancel my policy and refund my money. Ive made repeated calls and one agent didnt do what he said he would do. Second agent told me that a refund would be made, however, Im still calling for the refund. 

Elizabeth R 

on BBB

3 years ago

My 76 years old mother, ***** I de ***********************, had an Americos policy since she was 61, paying $45 a month. She just received a letter that her policy was reaching her new renewal period and that her new payment will be $624.25. We called to verify because we thought this amount was yearly. Well, NO, they stated that her policy was just for 15 years and that if she didnt died before that time, her premium will go up to $624.25 if she would like to continue with the policy. What a scam, he said they specified tha... read more

Julian V 

on BBB

3 years ago

My name is **************** And this is a scam!! My mother was paying 27 dollars a month for a little over 10 years and then she passed away on April 21 of this year and my siblings and I found out that she had to be 120 years old to get the full $10,000! My uncle had to pay a little over $5,000 for her funeral and cremation cost. Don't get this life insurance, I highly don't recommend this! 

Yvette J 

on BBB

3 years ago

Agent lied to me about me being the original owner of the policy I bought since I was paying them the money every month for it knew he was lied all along he took my bank info after I told him I wanted to be the owner knowing he put on the policy my spouses name as the owner then I had to get my spouse to call americo to get permission to talk about the policy I was paying them for and fill out a change of ownership form called ******* the regulatory compliance manager on April 26 that agent emailed me that same day saying I ... read more

Lance B 

on BBB

3 years ago

over 2 hours of hold time and rude unprofessional reps . 3 Americo reps told me the policy number I gave them was not one of theirs even though it was on the letter I got from Americo that was sent to me based on a called in to Americo discussing this policy with them 2 weeks ago . Call #1 the Americo rep then transferred me to a dead extension i believe on purpose. Call# 2 the Americo rep transferred me to a sales rep who could do nothing for me again on purpose. Call # 3 the Americo rep told me that was a not a correct pol... read more

Maria B 

on BBB

3 years ago

Elderly SCAM!!! Charging an outrageous amount for what? My Father is 83 and they took advantage of him and I have proof! Don't buy ANYTHING from this company. On the phone for hours to jump through hoops. Defiantly getting a lawyer! 

Sandra B 

on BBB

3 years ago

If I could put 0 stars i would..this company *****.I needed to withdraw funds from my ***, downloaded. The forms needed, filled them out and saw that I could receive my funds overnight via ***** for a $20 charge, however, that was not the case when I called the next day was it takes 15 business days to process. I asked the customer service representative why is that an option on the form and why doesn't it say 15 business days to process, she told me they don't disclose that. It's complete BULLSHIT!!I need my money asap whic... read more