Standard Life Insurance Company

October 10, 2011

[gravityform id=1 name=CompareMedicare Insurance Plans & Enroll title=false]Standard Life Insurance Company has millions (just 1.5) of share holders across the globe and enjoys deep pockets with an array of different annuity products. Standard Life has also got offices within a number of countries but has faced lots of controversy due to a few things:

  • Data loss – they sent a couple hundred policy documents to the wrong customers
  • Racism - Trevor Matthews (hes in charge of something at the company) made fun of some african americans out of racism.
  • Job cuts - Standard Life Insurance cut 1000 employees off to save money but managed to give a few of its executives huge bonuses.
  • Smear campaign -The company was accused of trying to smear a client for something.

Between the security breaches that Standard Life Insurance faces plus the poor management… you might just want to choose another company to invest with, maybe take a look at American Continental Insurance if you’re looking for Medigap insurance or Jackson National Life Insurance company for other sorts of insurance.

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