I have an elderly friend who called me in a panic. She had two men come to her home and they got her to sign up for some insurance. She said she wasn't thinking straight because it was time for her to eat when they came and she was becoming hypoglycemic. She stated that they just kept yelling at her and telling her to sign it because they were only there to help her and that she needed this help. Now 10 days later she is fearful that they are going to be taking her money and she can't afford any additional bills. I went over there to see exactly what it was they sold her. All I found was a form giving them permission to obtain her personal information for underwritting purposes. I found nothing that stated an amount owed (although she said they cashed a check for $90). And a small booklet about long term care insurance. She kept calling it funeral insurance so I don't know how they presented this to her. She certainly doesn't need long term care insurance as she is very old. Lives alone. And wants to die at home. She has already had several bypasses and a stroke and is nearly 80. She has informed her doctors that she doesn't want any more surgeries or interventions other than typical daily medications. She has prepaid her funeral expenses and had no family to leave any money to. So this is certainly something she doesn't need. She had me type a letter to the complany requesting that they cancel her application for insurance. Is there anything else she can do to protect herself? I looked up this company online and with the BBB. They have a horrible reputation.
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