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Was paying 22.50 a month for life insurance and Midland raised price to 72.00 on June 17 2015 without telling me.What is going on Add comment

my online account access shows I have no policies in a zero balance although I have a very significant investment. All I get from customer service is we have a website issue which i think is BS. I'm concerned that my money has been lost forever Add comment

  • Jun 04
  • Life and Casualty Insurance
  • Indianapolis, Indiana
  • Annuity Contract
  • 1
  • 1
  • 146
  • REVIEW RATING 4/5

I have read these comments by people about this company and its practices, and I must disagree. I have my IRA with this company and it has been flawless. Their customer service people are very helpful and knowledgeable and have no problems. I think some of the above comments must be by people with double-digit IQ or something. Unbelievable. When I read some of the "stories" I questioned how... Read more

Was this review helpful? 3 1

  • Apr 15
  • Life and Casualty Insurance
  • Pipestone, Minnesota
  • Life Insurance
  • 1
  • 1
  • 366
  • REVIEW RATING 5/5

In the modern market most life insurance companies recruit and contract independent life insurance agents to sell their products. This field force is similar a network of “distributors” with the life insurance company acting as the “manufacturer”. The life insurance company depends on the enthusiasm and loyalty of their life insurance agents, and the life insurance agents depend on the life... Read more

Was this review helpful? 14 1

  • Apr 13
  • Life and Casualty Insurance
  • Short Hills, New Jersey
  • Life Insurance
  • 1
  • 1
  • 200
  • REVIEW RATING 5/5

I have a Life Insurance policy which this company has double billed me on premiums. When I called to ask why, one customer service rep was very helpful. When I called back less than an hour later, today, April 13,2015, I was told by a second rep that I had to submit my request for review in writing or by fax. Even though my bank found the payments made and forwarded me all the info, this company... Read more

Was this review helpful? 10 0

  • Apr 10
  • Life and Casualty Insurance
  • Annuity Contract
  • 1
  • 1
  • 258
  • REVIEW RATING 5/5

In 2009 Texas lawmakers attempted to impose reasonable regulations on companies that sell questionable or downright bogus financial products to elderly Texans. Under then Texas law, annuities with fixed maturity dates can be written so that no benefits are paid until a person reaches up to 115 years of age. To get out of the contract, the elderly citizens then face huge contract surrender... Read more

Was this review helpful? 11 0

  • Apr 09
  • Professional Services
  • Positive Experience
  • 14
  • 14
  • 267
  • REVIEW RATING 3/5

Unlike the other reviews at this site my experiences have only been positive with MNL. Our annuities generally have had earnings and Accumulation Value increases achieving our goals without any hassle. Some years values going up well, some years not so much, but all-in-all just right for our needs. If your looking to get rich or make up for years of neglect in your retirement planning, MNL may... Read more

Was this review helpful? 3 24

  • Apr 06
  • Property Insurance
  • Hays, Kansas
  • Annuity
  • 3
  • 3
  • 241
  • REVIEW RATING 5/5

My mother has been trying to make a partial withdrawal that she needs to close on a condo she purchased. We are now on our 7th person and two weeks and we are right back where we started. They will not confirm anything or give call backs when requested. Even knowing it is a rush, they don't call to let you know they found yet another thing wrong with the paperwork. They have our email, but they... Read more

Was this review helpful? 13 0

  • Apr 03
  • Government
  • Insurance
  • 165
  • REVIEW RATING 5/5

Over the past three years the Maryland Insurance Administration has been presented three complaints against Midland National Life Insurance Company detailing serious allegations of threats and intimidation against a policy holder and his family. The insured also presented compelling evidence that Midland National had committed billing fraud in an effort to lapse the policy of the person they... Read more

Was this review helpful? 13 0

  • Mar 07
  • Life and Casualty Insurance
  • Alexandria, Virginia
  • Annuity
  • 3
  • 3
  • 285
  • REVIEW RATING 5/5

If you are a Virginia resident please file a complaint with the Virginia Bureau of Insurance, if you were sold an annuity by a Midland National insurance agent. Their contracts are one sided, indecipherable, illusionary, and most importantly, inextricable. The Virginia Bureau of Insurance is telling me they have only received 6 complaints about Midland in the last year! Piffle! They promise you... Read more

Was this review helpful? 13 0

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