In another case, pensioners Lyn and Ted Brown signed up with Seniors Insurance but were caught out by rising premiums.
Brett Aberton was angry when he discovered his mother’s policy was cancelled after she failed to make her annual payment. "It was costing, well it started off I think $100 a fortnight then it went up to eventually $136 a fortnight, and then from the 5th of May it was going to be $142 a fortnight,” Ms Brown said."I was traumatised for a week. I didn't know which way to turn,” Mr Brown said.
Funeral and insurance companies are a money making scam, most people can’t afford it and cancel their policies loosing everything they’ve already paid. People think they strike a deal when they hear the word premiums. Premiums are on top of normal rates.
30 years after this scam has robbed elderly people someone in ally wakes up..by the LNPwill do nothing..they like their greedy insurer mates ripping off Australians
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