Reliant Life Shares is a business initiative that allows investors to grow their wealth with the aid of life shares. In the course of this article, we will be looking at a complete Reliant Life Shares review. We will cover the ins and out of Reliant Life Shares complaints. Without further ado, let us delve in.
What Is Reliant Life Shares And How Does It Work?
Reliant Life Shares isa company that allows investors to buy a portion of life insurance death benefits as an investment strategy. It is a typical example of a hedge fund investment. In the US, it is monitored by the Federal Insurance Commissioners, the SEC, and the State. They are known for having a good business reputation, but mistakes still happen.
How Reliant Life Shares Works?
The mechanism of the Reliant Life Shares works in a way whereby a person buys an existing life insurance policy with a third-party investor. The purchase of the life settlement is more than the cash surrender value of the insurance policy.
It is important to note that Life Settlements purchased have no relationship with stock or financial markets, oil prices, or interest rates.
In the US, they started out in the 1990s, and are estimated to grow in market value between $100 and $600 billion over the next two decades.
Also worth noting is that they don’t only specialize in life settlements, they are also into investment gains, escrow, and trust administration.
Many prospective customers might be wondering, is Reliant Life a scam? Well, the short answer is; “they are not a scam platform.” However, they wind up with a few hiccups with their customers. In light of this, you can easily file a Reliant Life Shares complaint.
How To Contact Reliant Life Shares To Make A Complaint
Contacting Reliant Life Shares is darn easy. For a start, the company name is “Reliant Life Shares”, the official phone is (818) 788-1904, while their email is info@reliantlifeshares.com. Their Twitter handle is https://twitter.com/reliantls?lang=en . The slowest way to contact Reliant Life Shares is by physical mailing. The address in question is 15260 Ventura Blvd Ste 1420 Sherman Oaks, CA, 91403-5348.
How To Address Reliant Life Shares Complaints
As stated earlier, most Reliant Life Shares customers wind up with challenges, and need to tender a complaint. Here is a stepwise guide on how to go about it:
- First off, start by tendering a formal request to the Reliant Life Shares executive.
- The best place to use to lodge your complaint is Better Business Bureau.
- If your Reliant Life Shares complaint is related to death benefits, then you should use the State’s Insurance Commissioner.
- You can also proceed to use a third-party mediation.
- In the demand letter, clearly state the losses.
- If the above-elucidated steps do not work, you can proceed to sue Reliant Life Shares in
Conclusion
We at Genuizmedia must stress that you need to have a full understanding that there are different risks for every investment you make including one at Reliant Life Shares. You also need to bear in mind that they are not fully an insurance company, rather, they are a third-party investor that helps you manage your investment.