Contributed by nickel | January 25, 2006 01:10 PM PST
Awhile back, I wrote about the fact that John Hancock automatically renewed our term life insurance policies even though the credit card that they had on file was well past its expiration date (the account was still open, but the card itself had expired). In addition to sending in letters requesting that they cancel our policies, I also decided to dispute the charges with the card issuer (Chase) on the grounds that the charge had been made against an expired card. As of yesterday, I can now say that the credit card dispute worked. We still haven't received a response to our cancellation requests, but we both just got letters stating that our policies had been "terminated due to non-payment of the premium." Now we have a credit balance with Chase, but we're not out any money.
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"Cancelling John Hancock Life Insurance, Resolved" was first published at fivecentnickel.com
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Avoid Costly Home Insurance Mistakes, Part 2 (January 24, 2006)
Here's part two of Kitty Werner's article on avoiding costly home insurance mistakes (Part 1). Just to recap, Werner argues that you could save hundreds of dollars per year on home insurance, and perhaps many thousands of dollars in the event of a serious mishap ... Read
Avoid Costly Home Insurance Mistakes, Part 1 (January 24, 2006)
I just ran across an interesting article by Kitty Werner on avoiding costly home insurance mistakes, and I thought I'd share it with you. The article outlines six major traps to look out for, and I'll cover the first three here... Read
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