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One response to “Is Your Life Insurance Really In Good Hands With Allstate?”

  1. Jim S

    A friend of mine had a $500,000 Allstate UL that he bought in 1989. Early on someone from Allstate actually solicited him to borrow money from this policy. He never repaid the loan and by 2010 it was headed toward lapse and actually listed the estimated lapse date on his premium statement if he just paid the guidline premium and did not reload the policy with a big chunk of cash. At that point he 1035ed the thing into a new UL with another company. Looks like pattern behavior with Allstate.