Insurance Companies

by bill - 2013-04-20 04:00:00 ( in life, health, insurance) [php version] rebuild

Good news: SunLife Financial sent me a refund check!

Bad news: It was because they denied my policy for, according to them, "failing to send all of my paperwork in on time."

Um, I think faxing it in at least a couple days prior to the deadline qualifies as on time! I guess it doesn't count until one of their customer service people waddles up to the fax, picks it up, files it in my folder and inputs it into my account.

Good news: On the same day as the refund check, they sent me a new pre-approved application for life insurance!

Bad news: It'll be $472 more per year.

Question: You don't think they purposely denied my original application (for fictional deadline issues) so that I'd be more inclined to accept this higher premium, do you?

Answer: I guess I'll be shopping around for a new policy... with someone other than SunLife.