Midland National Life Insurance Company Complaints and Reviews

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  • Apr 15
  • Life and Casualty Insurance
  • Pipestone, Minnesota
  • Life Insurance
  • 47
  • 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

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  • Apr 13
  • Life and Casualty Insurance
  • Short Hills, New Jersey
  • Life Insurance
  • 1
  • 1
  • 37
  • REVIEW RATING 4/5

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

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  • Apr 10
  • Life and Casualty Insurance
  • Annuity Contract
  • 39
  • 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

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  • Apr 09
  • Professional Services
  • Positive Experience
  • 1
  • 1
  • 61
  • 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? 0 5

  • Apr 06
  • Property Insurance
  • Hays, Kansas
  • Annuity
  • 1
  • 1
  • 71
  • 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? 3 0

  • Apr 03
  • Government
  • Insurance
  • 27
  • 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? 2 0

  • Mar 07
  • Life and Casualty Insurance
  • Alexandria, Virginia
  • Annuity
  • 3
  • 3
  • 173
  • 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

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  • Dec 30, 2014
  • Life and Casualty Insurance
  • Sicklerville, New Jersey
  • Death Insurance
  • 2
  • 2
  • 496
  • REVIEW RATING 5/5

My husband John Franklin Hendrick, dob 5-23-27, passed away on 10-29-12. I continue to have automatic premiums taken out of our joint account in the amount of $59.00 each month. I have made several calls, and have been transferred numerous times but no one can seem to help me. On the bank statement it lists Midland National Insurance 141113 103182 C3154 John F Hendrick. Can you please tell me... Read more

Was this review helpful? 7 0

  • Dec 16, 2014
  • Professional Services
  • Insurance Policy
  • 3
  • 3
  • 226
  • REVIEW RATING 4/5

I have been on the phone for 3 days now to get answers on my policy and they claim they can't give me any information because my daughter is the owner of the policy and she has sent them the form that they sent us for her giving permission for them to talk to me and they canceled my policy for no payment of premium but they never sent me the letter of change of premium so it is their fault that... Read more

Was this review helpful? 4 2

  • Nov 21, 2014
  • Professional Services
  • Alexandria, Virginia
  • Annuity
  • 4
  • 4
  • 614
  • REVIEW RATING 5/5

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? 5 5

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