Your post is a little confusing, but I note these items:
>I had taken out a small insurance policy in
>1979, in 1983 the policy should have been terminated
Why should it have been terminated? Was it only because you had stopped paying
premiums, or was there a request by you to terminate the policy?
Then you say:
>no payments were made in 15 years wouldn't it seem that I wasn't interested?
Regardless of your interest, each permanent policy must contain certain
"non-forfeiture" benefits. An option (in 30 years I've never seen it to be
automatic) is the "automatic premium loan" feature. Please, look on your
original application, your selection of this option should be shown there.
Then you say that:
>my dividend earned $250,
Again, the rates differ from policy to policy, but if your dividend "earned
$250" in interest, the dividend accumulation should be around $5,000. And,
this doesn't include the cash value of your policy!
So, you paid premiums from 1979 to 1983? And the policy is still inforce? and
you're complaining? Sounds like a pretty good deal to me, pay for 4, be
insured for 20?
Unfortunately, I don't think that's the entire story. When you took the policy
out in 1979, did your agent "cash in" another policy? I fear that more premium
than just the 4 years was paid in, but don't know from where. Also, re: them
finding you after all those moves and changes; VERY STRANGE.
But, I don't think that you beef is with the Company, but instead maybe with
the agent that sold you the policy. Please take your files and make an
appointment to see: your State or Province Insurance Department, the Company
"Complaint Department, and/or an attorney, because the parts of the puzzle that
you've offered up, "don't quite fit."
Rick Van Cura, Owner
Van Cura Insurance