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Platinum Supplemental Insurance, Inc.:What's it like to work here?

United States Industry Insurance
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Platinum Supplemental Insurance, Inc.Platinum Supplemental Insurance, Inc.Platinum Supplemental Insurance, Inc.
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Review averages

  • 15 employees say

    Excellent (2)
    13.333333333333%
    Good (1)
    6.6666666666667%
    Satisfactory (3)
    20%
    Subpar (9)
    60%
    2.13
  • 0 applicants say

    Excellent (0)
    0%
    Good (0)
    0%
    Satisfactory (0)
    0%
    Subpar (0)
    0%
    0.00

Reviews for Platinum Supplemental Insurance, Inc.

Reviews - What employees say

2.13 Employees say
0.00 Applicants say
  • 11.Apr 2018
  • Employee
Company Culture
1.00
Support from management
1.00
Teamwork
1.00
Freedom to work independently
5.00
Internal Communication
1.00
Attitude towards older colleagues
1.00
Career Development
1.00
Overall compensation for your work
5.00
Office / Work Environment
3.00
Environmental Friendliness
1.00
Work-Life Balance
1.00
Company Image
1.00
Job Security
1.00
Challenging Work
5.00
Inclusive / Diverse
1.00
  • 13.Mar 2018 (Last edit 17.Mar 2018)
  • Employee

What I dislike about the company

This is dangerous work for a woman. You have to go cold calling knocking on doors of complete strangers out in the country. They expect you to do this even in the evening when it is pitch dark outside in these rural areas. You then have to go back to the homes of these strangers to do a presentation. I met many creepy men that I did not feel comfortable talking to, yet alone being alone with them in their homes. I would not recommend this job to any woman as it was just not safe at all.

  • 09.Mar 2018
  • Employee

Company Culture

Former Agents and Customers of Platinum have accused the company of defrauding them and others out of commissions and premium payments. The potential Class Action Lawsuit alleges Platinum agents deceived customers into purchasing replacement policies for supplemental insurance to avoid having to return premiums paid.

The lawsuit alleges Platinum and agents knowingly provided false information or "acted with reckless disregard for its truth," and intended to deceive customers to induce them to cancel existing policies. They allegedly purposely misrepresented the cost and benefits under the new policy, including failing to inform customers they would lose their "return of premium."

Another potential class Action Lawsuit alleges Platinum agents used "misrepresentations they knew to be false" to convince customers to replace their policies. It claims Platinum also discontinued commissions payments to agents for polices they sold that would have been renewed had they not been replaced by new polices sold by other agents. This suit is requesting to be filed on behalf of all former Platinum agents who received "reduced or erroneous commissions."


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Review averages

  • 15 employees say

    Excellent (2)
    13.333333333333%
    Good (1)
    6.6666666666667%
    Satisfactory (3)
    20%
    Subpar (9)
    60%
    2.13
  • 0 applicants say

    Excellent (0)
    0%
    Good (0)
    0%
    Satisfactory (0)
    0%
    Subpar (0)
    0%
    0.00

kununu score comparisons

Platinum Supplemental Insurance, Inc.
2.13
15 reviews

Industry average (Insurance)
3.32
33,863 reviews

kununu average
3.27
2,532,000 reviews