Suing my insurance agent

Apr 23, 2019

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  1. BADTROUT
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    BADTROUT Guru

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    Don't be, I hadn't seen it before... Good stuff... so thanks.
     
  2. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    Might as well change directions again. :yes:
     
  3. Markthebroker
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    Markthebroker Guru

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    A double hijack!!!!
     
  4. Golfnut2112
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    Golfnut2112 Guru

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    It seems to me that you knew you weren’t buying term, that being said I would first contact the insurance companies compliance department and tell them what happened. If that does not work file a complaint with your state insurance department and tell them how you where sold a life insurance policy as a retirement plan, then let your agent explain to them why life insurance is better than a 401k. If that doesn’t work you can take him to small claims court (although it has a limit on what you can recover) and once again let a judge or jury decide if life insurance is a retirement plan. People use life insurance to save for retirement but I only recommend it after ALL other retirement options are maxed out.
     
  5. jdumond
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    jdumond New Member

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    Pretty sure this guy is trolling.......and by the looks of it he's caught some nice chum
     
    jdumond, Apr 24, 2019
    #65
  6. Abrasax
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    Abrasax Guru

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    Since all civil suits require disclosure, there's not anything to worry about in "tipping off" your agent.
     
    Abrasax, Apr 24, 2019
    #66
  7. rousemark
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    rousemark Still Here!

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    That's OK. You can qualfy for an FE agent now... Judging from the FE forum, most have some sort of ADHD... Those threads are always all over the place.. :yes:
     
  8. Abrasax
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    Abrasax Guru

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    But you came back and said yes. So it wasn't firm. You AGREED to fully trust your retirement to an insurance agent. The agent didn't lie. Any "betrayal" is on account of your own judgement failing to think this through all the way. You knew he was a salesman being paid commission. It's your responsibility to weigh the advice of ANYONE against your own judgement based on what you want in life. You made a decision and it didn't work out the way you wanted. Who is to blame?

    Maybe you needed to learn a lesson. Those who are too quick to sign don't do very well in life. And I say this as someone who has also had to learn some lessons.
     
    Abrasax, Apr 24, 2019
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  9. Abrasax
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    Abrasax Guru

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    That's because you haven't sold a policy to emulimu yet. :eek:
     
    Abrasax, Apr 24, 2019
    #69
  10. goillini52
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    goillini52 MAGA...Eat More Bacon & BUILD THAT WALL!!!

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    I'd probably spell his name wrong on the app and he'd sue me. :laugh:

    I wonder how you pronounce "emulimu"? :huh:
     
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