20 YR term / overcharges, stealing from checking acct
Primerica Life Insurance Company
3120 Breckenridge Blvd.
Duluth, Georgia, [protected]
In the mid-1980's I purchased a 20-year term life insurance policy, and 20-years ONLY, with A.L. Williams at a cost of approximately $68 per month which I authorized to be automatically debited from a bill pay checking account. Primerica Life Insurance Company subsequently purchased my life insurance account from A.L. Williams without notification to me. However, as I still had the life insurance, I was not overly concerned about it at the time. At the end of the 20-year term policy, I did NOT authorize Primerica to start a new term life insurance policy. Without my authorization, Primerica not only started a new policy, or continued the old policy, but they withdrew $293.41 from my checking account without my written authorization, causing my account to overdraft on several other debits that were authorized to be taken out. These overdrafts have now cost me $33 each.