Federated Insurance Reviews
1.00 / 5 based on 2 Reviews | Submit Your ReviewSatisfactionClaimsCostBillingService
Company Information121 East Park Square
Owatonna, MN 55060
(507) 446-4664 (Fax)
Last Updated: 2019-02-05
Company Reviews (2)
Worst company in the insurance business, October, 2017
After paying prrmiums for 30 years , we were sent a premium notice which was impossible to pay and far above previous payments. We were told the surrender value was only $75.00 after paying thousands in premiums. DO NOT DO BUSINESS WITH THESE ROBBERS. I am contacting my husbands former employer because they have employees who are still being swindled by this company. KARMA.
Do not recommend!!! , January, 2017
I got a loan from my life insurance. I called for paperwork and they kept saying they would send it and didn't. When I sent in signed paperwork and they were supposed to wire money, they sent check and it took forever. Kept calling and calling. Later called to cancel my insurance, waiting 2 weeks for paperwork, 3 phone calls, and finally they sento it. They will not email or fax it to you. They do not want to give you your money back. Now I was told have to wait 3-4 weeks for them to give me my money. Don't buy life insurance unless you have little kids. Put money in Roth IRA so you don'the lose that money. Listen to the experts. I wish I had.