Godlike Productions - Conspiracy Forum
Users Online Now: 2,495 (Who's On?)Visitors Today: 832,185
Pageviews Today: 1,243,599Threads Today: 393Posts Today: 7,874
11:29 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Life Insurance Companies Duping Families of Fallen Soldiers.

 
ZTE
Offer Upgrade

User ID: 779511
United States
07/28/2010 10:08 AM

Report Abusive Post
Report Copyright Violation
Life Insurance Companies Duping Families of Fallen Soldiers.
[link to www.bloomberg.com]

Fallen Soldiers' Families Denied Cash Payout as Insurers Profit

The package arrived at Cindy Lohman’s home in Great Mills, Maryland, just two weeks after she learned that her son, Ryan, a 24-year-old Army sergeant, had been killed by a bomb in Afghanistan. It was a thick, 9-inch-by- 12-inch envelope from Prudential Financial Inc., which handles life insurance for the Department of Veterans Affairs.

Inside was a letter from Prudential about Ryan’s $400,000 policy. And there was something else, which looked like a checkbook. The letter told Lohman that the full amount of her payout would be placed in a convenient interest-bearing account, allowing her time to decide how to use the benefit.

“You can hold the money in the account for safekeeping for as long as you like,” the letter said. In tiny print, in a disclaimer that Lohman says she didn’t notice, Prudential disclosed that what it called its Alliance Account was not guaranteed by the Federal Deposit Insurance Corp., Bloomberg Markets magazine reports in its September issue.

Lohman, 52, left the money untouched for six months after her son’s August 2008 death.

“It’s like you’re paying me off because my child was killed,” she says. “It was a consolation prize that I didn’t want.”

As time went on, she says, she tried to use one of the “checks” to buy a bed, and the salesman rejected it. That happened again this year, she says, when she went to a Target store to purchase a camera on Armed Forces Day, May 15...
If you can justify killing one man, you can justify killing every man.

The Greatest Lie is the one never told, but assumed.

History isn't a measure of our successes, but the compilation of our mistakes.
ZTE (OP)

User ID: 779511
United States
07/28/2010 10:14 AM

Report Abusive Post
Report Copyright Violation
Re: Life Insurance Companies Duping Families of Fallen Soldiers.
On an unrelated note, I heard that the military also takes out life insurance policies on soldiers, so that they make money every time someone is killed.
If you can justify killing one man, you can justify killing every man.

The Greatest Lie is the one never told, but assumed.

History isn't a measure of our successes, but the compilation of our mistakes.
guy369

User ID: 954465
Canada
07/28/2010 10:16 AM
Report Abusive Post
Report Copyright Violation
Re: Life Insurance Companies Duping Families of Fallen Soldiers.
On an unrelated note, I heard that the military also takes out life insurance policies on soldiers, so that they make money every time someone is killed.
 Quoting: ZTE

Just like Wal mart, and other corporations - without the family knowing!
We are Stardust
Anonymous Coward
User ID: 508527
United States
07/28/2010 10:17 AM
Report Abusive Post
Report Copyright Violation
Re: Life Insurance Companies Duping Families of Fallen Soldiers.
one of my customers tried to use one of these checkbooks to pay the other day. she said the minimum check amount had to be $250.
ZTE (OP)

User ID: 779511
United States
07/28/2010 10:17 AM

Report Abusive Post
Report Copyright Violation
Re: Life Insurance Companies Duping Families of Fallen Soldiers.
On an unrelated note, I heard that the military also takes out life insurance policies on soldiers, so that they make money every time someone is killed.

Just like Wal mart, and other corporations - without the family knowing!
 Quoting: guy369



And of course since they are more likely to die (and do die) that makes the average families premiums go up, whilst all the money being paid is going to the government.
If you can justify killing one man, you can justify killing every man.

The Greatest Lie is the one never told, but assumed.

History isn't a measure of our successes, but the compilation of our mistakes.
guy369

User ID: 954465
Canada
07/28/2010 10:19 AM
Report Abusive Post
Report Copyright Violation
Re: Life Insurance Companies Duping Families of Fallen Soldiers.
On an unrelated note, I heard that the military also takes out life insurance policies on soldiers, so that they make money every time someone is killed.

Just like Wal mart, and other corporations - without the family knowing!



And of course since they are more likely to die (and do die) that makes the average families premiums go up, whilst all the money being paid is going to the government.
 Quoting: ZTE

Sorry, all the money being paid out is going to a corporation.

I'm sure there'sa third party involved in the military insurance.

The government doesn't want to profit - only corporations are allowed to do that!
We are Stardust
ZTE (OP)

User ID: 779511
United States
07/28/2010 10:19 AM

Report Abusive Post
Report Copyright Violation
Re: Life Insurance Companies Duping Families of Fallen Soldiers.
one of my customers tried to use one of these checkbooks to pay the other day. she said the minimum check amount had to be $250.
 Quoting: Anonymous Coward 508527


That's like the opposite of Brewster's Millions. They don't want people to spend their money.
If you can justify killing one man, you can justify killing every man.

The Greatest Lie is the one never told, but assumed.

History isn't a measure of our successes, but the compilation of our mistakes.

News