Cancel Aflac policy: What does an Aflac associate say?
by Guest » Thu Nov 15, 2007 04:53 am
Hi! I'm an Aflac policy holder and I want to quit. Is that an easy thing to do? Can somebody show me how to? Thanks! :)
Total Comments: 67
Posted: Wed Aug 18, 2010 02:06 am Post Subject:
While insurance laws do vary from state to state, I know of no state laws in any state that force a person to keep their insurance involuntarily. We know insurance contracts as "unilateral" -- that is, only the insurer has made promises that must be fulfilled. You force the insurer to honor its promises by paying premiums, and you allow the insurer to avoid a claim when you fail to pay premiums.
This is not a matter for the agent to handle, it is a matter for your HR department. Go to them and cancel your deduction. When they send the premiums to AFLAC each month, your name and payment will drop off the census, and your coverage will terminate.
If HR refuses to cooperate, then contact your State Department of Insurance to file a complaint.
Yes, get out of AFLAC like I am trying to do. Run. Yeah, the policies are great for people that don't budget and have no emergency plan. Those who are responsible with their money and are not living life paycheck to paycheck with credit card debt don't need this type of coverage. If I had invested the money I have put into AFLAC, minus the Wellness Benefit they pay annually, even in this bad economy, I would have more than doubled that money thus far in a moderate mutual fund. I could be making more off that money at this point than what I put in annually and the amount I would have sitting there for me would now be more than any benefit they would pay me. It is a good investment... for them, a bad investment for me.
If your policy is a pretax policy, such as mine, you do have to wait until open enrollment periods to cancel, but I am going to ask our payroll administrator to verify this with the accountant today.
Posted: Thu Sep 30, 2010 05:40 am Post Subject:
Posted: Wed Oct 13, 2010 08:21 am Post Subject:
Posted: Wed Oct 20, 2010 07:13 pm Post Subject: section125
your employer will have to pay apently because you and them are geting a tax break so please talk with your employer before cancling your taxes will go up
Posted: Sat Oct 30, 2010 12:20 pm Post Subject: canceling policy
This all depends on if it is pretaxed thru your job,if this is the way you have this policy you have to wait until open inrollment if not you may cancil any time ck with aflac 1-800-99aflac they can tell you your ops. sorry to here you want to cancel im sure when you took it out you felt like you needed it .what kind of policy is it ?did you send in for your wellness benifit or is this life ins hope this helps if I can help you with this you can pm me and I will do my best to help you
Posted: Thu Nov 04, 2010 02:47 pm Post Subject:
"Hallo to you, too." Glad to know you are as "amused" as we are. :roll:
Posted: Fri Nov 05, 2010 06:23 am Post Subject: do you have to be employed to use the aflac STD
i have had my policy well over 10yrs on a new job for 1 month and now my m.d. has me out on disability- needless to say job not happy neither am i. if they fire me will my aflac still pay? i pay for this policy out of pocket from a job from 10 yrs ago.
Posted: Fri Nov 12, 2010 10:15 am Post Subject:
i have had my policy well over 10yrs on a new job for 1 month and now my m.d. has me out on disability- needless to say job not happy neither am i. if they fire me will my aflac still pay? i pay for this policy out of pocket from a job from 10 yrs ago.
Your AFLAC policy is not dependent on your employment situation. You can file a claim for anything covered by the policy.
Posted: Sun May 08, 2011 09:44 pm Post Subject: AFLAC
I have had AFLAC coverage for 20 years. I have never had a problem filing any claim! They are very prompt in sending the checks!
Posted: Wed Aug 18, 2010 02:06 am Post Subject:
While insurance laws do vary from state to state, I know of no state laws in any state that force a person to keep their insurance involuntarily. We know insurance contracts as "unilateral" -- that is, only the insurer has made promises that must be fulfilled. You force the insurer to honor its promises by paying premiums, and you allow the insurer to avoid a claim when you fail to pay premiums.
This is not a matter for the agent to handle, it is a matter for your HR department. Go to them and cancel your deduction. When they send the premiums to AFLAC each month, your name and payment will drop off the census, and your coverage will terminate.
If HR refuses to cooperate, then contact your State Department of Insurance to file a complaint.
Posted: Wed Sep 29, 2010 02:43 pm Post Subject: AFLC ETC
Yes, get out of AFLAC like I am trying to do. Run. Yeah, the policies are great for people that don't budget and have no emergency plan. Those who are responsible with their money and are not living life paycheck to paycheck with credit card debt don't need this type of coverage. If I had invested the money I have put into AFLAC, minus the Wellness Benefit they pay annually, even in this bad economy, I would have more than doubled that money thus far in a moderate mutual fund. I could be making more off that money at this point than what I put in annually and the amount I would have sitting there for me would now be more than any benefit they would pay me. It is a good investment... for them, a bad investment for me.
If your policy is a pretax policy, such as mine, you do have to wait until open enrollment periods to cancel, but I am going to ask our payroll administrator to verify this with the accountant today.
Posted: Thu Sep 30, 2010 05:40 am Post Subject:
Posted: Wed Oct 13, 2010 08:21 am Post Subject:
Posted: Wed Oct 20, 2010 07:13 pm Post Subject: section125
your employer will have to pay apently because you and them are geting a tax break so please talk with your employer before cancling your taxes will go up
Posted: Sat Oct 30, 2010 12:20 pm Post Subject: canceling policy
This all depends on if it is pretaxed thru your job,if this is the way you have this policy you have to wait until open inrollment if not you may cancil any time ck with aflac 1-800-99aflac they can tell you your ops. sorry to here you want to cancel im sure when you took it out you felt like you needed it .what kind of policy is it ?did you send in for your wellness benifit or is this life ins hope this helps if I can help you with this you can pm me and I will do my best to help you
Posted: Thu Nov 04, 2010 02:47 pm Post Subject:
"Hallo to you, too." Glad to know you are as "amused" as we are. :roll:
Posted: Fri Nov 05, 2010 06:23 am Post Subject: do you have to be employed to use the aflac STD
i have had my policy well over 10yrs on a new job for 1 month and now my m.d. has me out on disability- needless to say job not happy neither am i. if they fire me will my aflac still pay? i pay for this policy out of pocket from a job from 10 yrs ago.
Posted: Fri Nov 12, 2010 10:15 am Post Subject:
i have had my policy well over 10yrs on a new job for 1 month and now my m.d. has me out on disability- needless to say job not happy neither am i. if they fire me will my aflac still pay? i pay for this policy out of pocket from a job from 10 yrs ago.
Your AFLAC policy is not dependent on your employment situation. You can file a claim for anything covered by the policy.
Posted: Sun May 08, 2011 09:44 pm Post Subject: AFLAC
I have had AFLAC coverage for 20 years. I have never had a problem filing any claim! They are very prompt in sending the checks!
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