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2 recent reviews
Reliant Life Shares, LLC
Posted on 5/28/2020
Results consistent with other reviews, suspect scam.
Was assured by salesman that these policies NEVER go over the paid up date, but consistent with the other reviewer, the ones I bought have only resulted in thousands of dollars in premium calls and fees, and no transparency of what this premium call actually goes to. They are about $1000 on each of the $10,000 policies annually. Bye bye returns even IF these are real an do pay someday, this is going negative. I have no evidence there even are any "insureds", It is beginning to look like I put too much faith in some salesman having an "insurance license" and good reviews at BBB. Today I got a certified letter demanding a premium call payment due in 3 days, and the 3rd day is a Sunday, or my position is forfeit. The letter was mailed by them on 20th, received in mail on 28th. I believe it to be in error at any rate according to my records. I called and emailed the office, got a few texts promising a return call to explain what is going on. No info, no call, no email. This is just looking too scammy. I sincerely wished I had never thrown money into this very questionable "investment" that is beginning to look more like a simple con job. My retirement fund is probably gone, hopefully I can save yours. BTW the BBB site was "Unable to save review. Please try submitting the review again." on many attempts to leave a negative review of Reliant. This is getting to smell worse. Thank God for Yelp and Business Consumer Alliance. Now, can we victims get together to pool resources and "Lawyer up"?
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Posted on 4/10/2020
Would NOT recommend this investment
Whether due to poor tables or better healthcare or possible lack of integrity, I have invested close to $250,000 close to 5 years ago and not only have not seen a penny but have had to spend an additional $25K plus to maintain the policies. I made a very poor choice, I hope you do better.
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