Midland National Life Insurance Company Complaints and Reviews

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Midland National Life Insurance Company
Main address: One Sammons Plaza 57193 Sioux Falls SD
(800) 923-3223, (866) 780-9162, , http://www.mnlife.com/cgi-bin/contactus.asp
  • 8+1 mobile complaints
  • $4.7K claimed losses
  • $518 average
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  • Nov 21
  • Professional Services
  • Alexandria, Virginia
  • Annuity
  • 32
  • REVIEW RATING 3/5

Do not be sold an annuity by this company or an insurance. Trust me, their products are too illusionary and only the insurance agent, who gets a lavish commission, and insurance company benefit. The initial bonus the insurance company offers you, they'll get back within 3 years. If you want to buy an annuity and not be sold one, buy a Vanguard who circumnavigated the agent and has extremely low... Read more

Was this review helpful? 0 1

We, too, got screwed at the drive-thru with a Midland National indexed annuity. The agent, who sold this to us, purported who can never lose and still be the recipient of market like returns. That was such an outrageous false pitch, it's mind-boggling. Do not buy an annuity, unless, you are planning on giving your child a million dollars 10 years hence from now. Add comment

  • Jan 29
  • Funerals
  • Life Insurance
  • 294
  • REVIEW RATING 4/5

PRIMARY POLICY WAS IN DAISY CARSWELL NAME; EMMITT CARSWELL WAS BENEFICIAL. POLICY WASS IN MOM, SAFETY BOX,MOM TOLD SIBLING TO BRING COPY OF EVERYTHING, SIBLING REFUSED. BOTN DAISY AND EMMITT DIED , DAISY FIRST THEN EMMITT. OTHER SIBLING HAD THE POLICY, TWO OTHER SIBLING ASKED FOR ADDRESS FOR US TO KEEP UP POLICY,SIBLING REFUSED TO GIVE INFORMATION. FINALLY SNE SAID'' SHE WAS GOING TO WRITE OTHER... Read more

Was this review helpful? 2 8

  • Oct 30, 2013
  • Professional Services
  • Levittown, Pennsylvania
  • Life Insurance
  • 6
  • 6
  • 743
  • REVIEW RATING 5/5

We just moved into a home in late sept this year and received a postcard in the mail from midland national about if we were interested in receiving info about life insurance. I filled out the postcard stating that I would. A couple weeks later I get a phone call from the agent, Art Little out of Levittown, Pa to set up a consultation. This consultation was monday 10/28/2013. He came off very... Read more

Was this review helpful? 14 20

  • Sep 30, 2013
  • Professional Services
  • Return Policy
  • 2
  • 2
  • 761
  • REVIEW RATING 4/5

My wife transferred her money from 2 different accounts 2 years ago into Midland National from her previous job and a Roth that she had started. After 2 years of making 2 to 3 percent each year she decided to move it into a TD Ameritrade account so that we can watch after her money. It took them about a week to move her 2 accounts into Midland National. Now that she wants to move it out they... Read more

Was this review helpful? 11 24

  • Apr 18, 2013
  • Professional Services
  • Life Insurance Agent
  • 2
  • 2
  • 656
  • REVIEW RATING 3/5

I have had insurance with Midland and the same agent for over 40 years. My agent passed away this month. I calledto ask who was local agents. I was told Midland had no list of agents and I would have to hunt myself. This is unreal that they would not have an idea who sold their product.I think I will close my account and get a new company I also have paid off my policy and Midland keeps taking... Read more

Was this review helpful? 6 20

  • Jun 26, 2012
  • Life and Casualty Insurance
  • Alexandria, Virginia
  • Annuity
  • 20
  • 20
  • 1976
  • REVIEW RATING 1/5

17 years ago we were approached by Portia LaVinge a Midland Representative. She encourranged us to buy into the Annuity stating that as a "Whole Life Insurance" it would build income as well as provide income to cover the home mortgage in case one of us died. We paid religiously. 6 years ago we were getting divorced. Once again Portia LaVinge came to our home and recommended an even better... Read more

Was this review helpful? 35 137

  • Jun 18, 2010
  • Auto Insurance
  • Odessa, Texas
  • Annuity
  • 24
  • 24
  • 2378
  • REVIEW RATING 5/5

My husband died 5-10-10. In 2005, he invested money in 2 annuities with Midland National Life Insurance Co. On 5-21-10, I arranged with an agent for Allianz to obtain 2 new policies under my name with the death benefits under the Midland National Life policies. Allianz sent all the stated required information to Midland National Life Fed Ex. Midland National Life sent me a letter in early June... Read more

Was this review helpful? 67 130

  • May 14, 2008
  • Finances
  • Reston, Virginia
  • 2
  • 2
  • 1037
  • REVIEW RATING 1/5

I had a fingerhut account that was bought by Midland, LLC. As other consumers have stated, it was for 1600, plus 500 interest (for their attny) and court costs. First of all everyone, SHOW UP for court!! This young Dugie Howser attorney showed up from McCullaugh, Payne and Haan in downtown Atlanta and came all the way to the country to file charges on behalf of Midland. I'd been harassed on... Read more

Was this review helpful? 11 28
 
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