Surety Life Insurance Company

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Surety Life Insurance Company

8 reviews
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President: Lawrence William Dahl
Surety Life Insurance Company
3075 Sanders Road Suite H1A
Northbrook, IL 60062
Phone: (402) 328-5100
Toll Free: (800) 525-9287

Types of Insurance Offered

Surety Life Insurance Company Summary

Surety Life Insurance Company is a Stock company that was incorporated in 1936-03-31. Surety Life Insurance Company is a Life insurance company and has assets of $13,022,440, capital of $2,500,000, and net surplus of $9,704,508.

The president of Surety Life Insurance Company is Lawrence William Dahl, the treasurer is , and the secretary is . Surety Life Insurance Company insurance plans include health, and life.

Surety Life Insurance Company is located in Northbrook, IL and the phone number for Surety Life Insurance Company claims, customer, service, and additional information is (402) 328-5100.

Surety Life Insurance Company Location

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Surety Life Insurance Company Reviews: 9 Reviews

  1. Lueise Tyson 26. Jan, 2012 at 12:00 am #

    I have a surety life insurance policy and would like information on it. My agent whom I purchased it died several years ago. Can you locate the policy?

  2. Rodolfo Corpus 08. Mar, 2012 at 12:00 am #

    I have a life insurance with this company for over 25 years and this past two months, I’ve been having problems with their figure on the monthly premium. I pay my monthly premium with a monthly allotment taken out from my pension from the government.

    Last January, I received a letter that my premium has a shortage of a certain amount so I called customers service pertaining to this letter and talked to two different personnel and both of them came out with a different figure on how much I have to send. Both of them came up with the figure on how much I have to increase with my monthly allotment to cover my premium. I sent a check last January for the amount I was told and also increased my monthly allotment for more than the amount I was told.

    I thought this problem was solved but last month I received another letter dated Feb. 2012 that I am short more than $900 dollars to correct my policy and was given until April 2 to pay for this. I called customers service March 6,2012 and talked to a guy name Joe. He told me that all I need to send is $37.87, which I sent a Check of $38.00 the next day not knowing that he left a message on my phone that I need to send $495.03 instead of $37.87.

    Being with this company for over 25 years and paying my monthly premium on time, I don’t think I deserve all of this confusion. My children also have a policy with this company and I never had a problem with their premium. It is frustrating on my part to receive a second letter that my premium is still short, thinking that the first letter dated January 2012 had been settled.

    With all these problems I am experiencing with your company lately, I do not know what to say if this is part of getting older that insurance is getting too costly. My agent moved to California years ago so I did not have any contact with him and also ask him for his assistance.

  3. ronald jones 31. Mar, 2013 at 12:00 am #

    20 years with surety insurance. Noticed increase in monthly payment without notification. Why?

  4. KNK ranch 30. Jul, 2013 at 12:00 am #

    As with Rodolpho, we have paid over 25 years of premiums with not one word from the agent or company until receiving a letter that our premiums were in arrears and we needed to pay out 500 to keep policy. No explanation, if these companies choose to market these type of policies based on interest rates than they owe it to their customers to keep them abreast of changes that will impact the promised outcomes.

    Sold as a retirement annuity 2 years from retirement the policy is now depleted worthless with more than tripled premiums if we keep it, if not security when spouse passes, is now gone, retirement plans now gone. I am so disgusted with this company and their agents, no wonder they sold out to another company.

    The least they could do is morally and ethically stand up and provide their customers with an option other than a shrug of their shoulders and too bad for your luck.The thousands paid in premiums should be returned in payment for their lack of professional and ethical treatment of their customers.

  5. Leo 07. Nov, 2013 at 12:00 am #

    We are with Surety Life Ins for over 30 years.

    Whenever a problem arises on their part and calls Surety Life Insurance for correction, I will be connected to overseas Call Center. This cause COMPOUND problem because these people don’t know and understand what they are talking about.

    I talked to different people and both have different explanation and answer. I asked for Stateside telephone number for better understanding to resolve the problem and said there was none.

    As clients and longtime clients, we do not deserve talking to people with attitude and don’t know the line of their job. They are not flexible on problem-solving. The supervisor herself used the word UNLIMITED instead of LIMITED… and she would not admit it when I tried to correct her.

    GIVE US A BREAK SURETY LIFE INSURANCE CO.

  6. Jay S 17. Apr, 2015 at 3:46 pm #

    I’m not sure why the information is not available online, I’m glad I have their info from one of my emails. Surety is an Allstate Company.

    Here is their contact information if you’re not able to get a hold of your agent. I’ve called recently and made changes to my policies: Phone: 1-800-669-7789, FAX 1-877-358-1282 Address:PO Box 660191, Dallas, TX 75266

  7. Judy B 05. Apr, 2016 at 12:52 pm #

    Warning: if you purchase a policy while you’re still young.They do not tell you that when it gets close to time ‘you might die and your family will cash in. They will start raising your rates and add on what they deem as “you haven’t paid enough to cover cost of your policy”, even though they have thousands of your dollars they have been investing and making money!

    They know that about the time you are living on social security you are not going to have the money to cover their added cost, so you are forced to drop the policy and they keep ALL the money you have invested in them.

    Their reply, Yes that does happen. Rather proud of themselves. I SAY. PUT YOUR PREMIUMS IN A SAVINGS ACCOUNT. At least you will still have your investment. Thousands of dollars down the drain. Life insurance at this rate is a rip-off.

  8. Darren B 08. Jun, 2017 at 9:39 am #

    Surety Life has been around a very long time. It started out as a family-owned business with great values and customer service. The company was sold to a major stock brokerage company sometime in the 80s or 90s. The stock brokerage company was then bought by Sears who later sold the stock brokerage and transferred Surety Life under their Allstate operations. Allstate still owns and administers Surety Life policies (they no longer sell new Surety Life policies).

    My policies date back to the 60s and trying to get service on them is a NIGHTMARE at best. Many of their old documents are still on paper in a warehouse somewhere and have never been imaged making it impossible for the customer service representative on the phone to have any kind of correct information.

    I’ve also had problems with them refusing to work with the executor of an estate because Allstate wants a piece of paper that is only generated during probate (on an estate that wasn’t required to go through probate). In short, a once great company has become one to be avoided. And, I hope you have a copy of your policy and all associated documents. I’ve been trying to get copies from Allstate for 8 years and I still don’t have them!

  9. gary 31. Jul, 2017 at 1:49 pm #

    This company has raised my rates without explanation 3 times. They took all of the money that was to be towards my cash flow if needed. They are the worst I’ve ever seen.

    Before they were bought up they never bothered me, my rates didn’t go up and my dividends kept going up. Go figure

Rate and Review: Surety Life Insurance Company