dominique:
What did they say when you went to their office? These insurance companies are dubious. Mutual benefits extended the maturity of investors funds twice! From 5 years to 10 years! If you want to withdraw your funds, it will come with penalties and you'll be given like 70%. It's like they're secretly hopinh the investors die before investment matures.

dominique:
What did they say when you went to their office? These insurance companies are dubious. Mutual benefits extended the maturity of investors funds twice! From 5 years to 10 years! If you want to withdraw your funds, it will come with penalties and you'll be given like 70%. It's like they're secretly hopinh the investors die before investment matures.

Willie2015:


Just take your 70percent and bail out
Its already a bad deal

Willie2015:


Just take your 70percent and bail out
Its already a bad deal

dominique:


70% of initial deposit after waiting for over 5 years? They know it's only people in desperate need for money that will accept that condition

Owon:

They said that they're having issues blablabla.
That their former CEO made some bad investment and lost a huge amount of money.
I said okay, is that why they don't respond to people's email, pick their calls etc? The lady was just looking at me like mumu and later said that they're sorry.
What I think is that they're just being deliberately evil. Everyone I met there the day I went came for similar claim, some have been waiting for the past 3 years. These guys are still collecting some people's money actively, even though they know they won't be able to pay them when the money mature.

I told them to just please tell me exactly when I'll be paid, that I don't mind waiting till the end of the year, that I just need a specific time range and unfortunately, they can't even tell me that.
I think those criminals just need publicity. People need to know their shady activities so that more people won't fall victim. NAICOM too needs to be queried, because they're not doing their job.

Owon:

This doesn't make sense.
Let's say someone started 30k monthly contributions 5 years ago when the value of 30k is like 100k now, or roughly 40k round the years in total, even if the person is given back 100% of the total contributions, IT'S STILL A LOSS!
If 30% is taking out of 2m, that's 600k.
While will 600k be deducted from someone's money? For what? As what?

Willie2015:


Whats the guarantee you will get if after 10 years ?

dominique:


You need to keep going there to press them, expose them on social media if you have to. They know some investors will not go after the funds. It's the ones constantly in their faces that they will settle first. I'm just remembering my former area where one man bought a highly sought after plot of land and built a massive duplex in less than 6 months. He works for same AA company cos he drives their branded vehicle. He goes on yearly trips outside the country with his family. Be like say dem don use your money build house and live large o.

Insurance company executives are some of the biggest frauds we have in this country and nobody is saying anything about it

dominique:


A lot of people would rather wait till the maturity than collecting 70% of their initial deposit. That's a terrible loss after waiting over half a decade

Owon:

They said that they're having issues blablabla.
That their former CEO made some bad investment and lost a huge amount of money.
I said okay, is that why they don't respond to people's email, pick their calls etc? The lady was just looking at me like mumu and later said that they're sorry.
What I think is that they're just being deliberately evil. Everyone I met there the day I went came for similar claim, some have been waiting for the past 3 years. These guys are still collecting some people's money actively, even though they know they won't be able to pay them when the money mature.

I told them to just please tell me exactly when I'll be paid, that I don't mind waiting till the end of the year, that I just need a specific time range and unfortunately, they can't even tell me that.
I think those criminals just need publicity. People need to know their shady activities so that more people won't fall victim. NAICOM too needs to be queried, because they're not doing their job.

dominique:
What did they say when you went to their office? These insurance companies are dubious. Mutual benefits extended the maturity of investors funds twice! From 5 years to 10 years! If you want to withdraw your funds, it will come with penalties and you'll be given like 70% of your initial deposit. It's like they're secretly hoping the investors die before the investment matures.

bassdow:
l

Owon:

African Alliance company PLC has refused to pay me and many others their insured money, months and years after maturity.
THEY HID UNDER THE CLOAK OF ISLAM, WITH THEIR FRAUDULENT TAKAFUL SAVINGS PLAN TO DEFRAUD PEOPLE.
I have written several emails to them without a single response.
I have been to their office at Ikoyi last month to warn them and that my return won't be good...

I HAVE WRITTEN SEVERAL COMPLAINTS AND REPORT TO THE USELESS NIACOM THAT'S SUPPOSED TO BE INSURANCE COMPANY POLICE TO PUT THEM TO CHECK, BUT THE USELESS NIACOM IS NOT EVEN RESPONDING.
I THINK AFRICAN ALLIANCE INSURANCE COULD HAVE BRIBED THEM...

Please I want suggestions from people who have had similar experiences with these evil and criminal insurance companies and how they were able to retrieve their money.

Owon:

African Alliance company PLC has refused to pay me and many others their insured money, months and years after maturity.
THEY HID UNDER THE CLOAK OF ISLAM, WITH THEIR FRAUDULENT TAKAFUL SAVINGS PLAN TO DEFRAUD PEOPLE.
I have written several emails to them without a single response.
I have been to their office at Ikoyi last month to warn them and that my return won't be good...

I HAVE WRITTEN SEVERAL COMPLAINTS AND REPORT TO THE USELESS NIACOM THAT'S SUPPOSED TO BE INSURANCE COMPANY POLICE TO PUT THEM TO CHECK, BUT THE USELESS NIACOM IS NOT EVEN RESPONDING.
I THINK AFRICAN ALLIANCE INSURANCE COULD HAVE BRIBED THEM...

Please I want suggestions from people who have had similar experiences with these evil and criminal insurance companies and how they were able to retrieve their money.

Owon:
...I have been to their office at Ikoyi last month to warn them and that my return won't be good...