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Good Investment? - Review by Guest | Reliant Life Shares

Reliant Life Shares

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Good Investment? 9/17/2021

After 5 years all I do is pay them 8 to 10 percent return. 3 percent goes to them for fees of some sort and 6-7 percent goes to premiums. At this rate I will lose money. They said they would buy back the contracts but did not. more
Owner response
Owner response 6/22/2022
Reliant is not paid 3 percent, or any percentage, of the premiums and trustee fees that are required to maintain the policies, all of which is disclosed in writing and signed off by every investor as full understood. Reliant is paid a fee at the outset only, and you were never informed that Reliant is paid 3 percent by anyone as that is not the business model and never has been. We therefor request removal of this review because it is misleading and erroneous. All investors know insurance policies require premium payments. As you know, Reliant works with some of the largest and most sophisticated financial institutions and insurance carriers in the nation. We will be in further contact with you to discuss this matter in an effort to resolve it and further discuss a transfer of your positions. Historically, Reliant investors have enjoyed double digit returns approaching 16%. The fact that your policies have not yet matured does not mean you will not obtain a competitive return, and your funds have been insulated from current market volatility.
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