Tuesday 17th of April 2018 11:57:37 AM
I haven't died, so I can't review how well Fidelity treated my family after death, or how quickly payment was disbursed. What I can review is the practice of the salesman in my case. I had honest questions, and I was up front that I had an existing life insurance policy. After I was quoted a price, I explained that I would have to think about and discuss with my wife before I commit. That's when the used car tactics were put into play. "Are you serious about a life insurance policy" and "I don't want to waste both our time" in an effort to persuade me to purchase at that moment. I also believe the salesman was not entirely honest when he stated to me that (and I'm paraphrasing) "If you dont give form of payment today and you choose the traditional route where this goes to an underwriter, it will take weeks and your premiums will go up about $20 - $30/ month." Needless to say, I didn't appreciate the tactic and was unable to argue about something I didn't really understand, but I did tell him that it didn't make sense what he stated. In the end, days later after a little research, I purchased the policy. I hope my family never has to use it.