Patchogue, NY asked in Contracts and Insurance Bad Faith for New York

Q: I have had a whole life insurance policy now for over 25 years.

My agent has now retired since. Now the agent assigned to me gives me a call and says the cost of insurance has gone up and there is going to be a change in my premium. I thought you paid 1 amount for whole life and that never changes. Why now after my first agent retires I get a call asking for more money?

1 Lawyer Answer
Michael David Siegel
Michael David Siegel
Answered
  • New York, NY
  • Licensed in New York

A: Your policy governs. Call the actual insurance company. Ask for the legal counsel's office.

1 user found this answer helpful

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