Allianz Life Reviews

Allianz Life gets negative stars scamming the elderly

OMG, where to start. First, my mom signed up for a scam of a nursing home insurance policy in her mid 55s. The criteria they have make it impossible to file a claim. She's mid 80s now and legally blind and they have just denied an appeal to file a claim. This company is the biggest scam.

DO NOT START A NURSING HOME INSURANCE PLAN with them. My mom has paid them close to $55K and she has no funds left to keep paying. The kicker is that they say she won't qualify until she is in the nursing home facility but at that point, Medicare takes over - end result is that Allianz gets away with scamming her for $55K +. They are evil and all review should be heeded.

Be forewarned all who pass through the allianz gates of hell.

Date of experience : January 11, 2024

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Torturous experience

Torturous experience! I felt like Hitler resurfaced to torture yet another victim! Allianz insured Hitler's death camps FY!! I had an annuity with them and they annuitized w/o my consent as their correspondence and checks went to my old address and weren't received nor cashed!! Horrific customer service and then finally got somebody in US and they apologized and on a recorded line said it will be reversed and put back into contract!! Au contraire, more lies!! However I had to sign a release that I received checks which I never cashed in order to get my contract reinstated and now will be getting a 1099 and have a fraudulent tax liabliity!! I reported them for insurance fraud!! You'd have to be crazy to deal with such a despicaple company!! Go somewhere better please be safe not sorry.

Date of experience : July 01, 2023

Apr 1, 2022

Worse company ever

Worse company ever. The associates appear helpful but they have no idea what they are doing. My father left his annuity to charity. They would not deal with the estates representative. They wouldn’t send his 1099 R to allow my fathers last year of taxes to be filed. Everyone I talked to told me to do something different and they were never satisfied with the information requested. Finally asked for a supervisor who never called. This company does not deserve your business since they are unable to honor your requests.

Date of experience : April 01, 2022

19 reviews Jul 16, 2021

Years ago I was an agent along with my…

Years ago I was an agent along with my fiance. I funded 2 annunities and just now wanted to start annuitizing them. This has been one of the worst experiences of my life! The CS reps don't know what they are doing, they email the incorrect forms, and sent both forms into the file for ONE of the annuities! In other words, lost one of them! When I called just now the cs rep sounded like she was asleep. DO NOT DO BUSINESS WITH THESE PEOPLE! I know another agent who deals with them who is NOT impressed, either.

Date of experience : July 16, 2021

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About Allianz Life

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Allianz Life helps you prepare for retirement with solutions that include fixed and variable annuities and life insurance.

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