I aquired a term Life policy from American National Insurance Co. in 1989 and was told at that time I could take a lone against it at any time. So in the ninety's I made a lone of $350.00. I paid $40.00 a month for 20 year not knowing anything was wrong. Knew I accrued interest but always thought it would be deducted at time of death. Wrong... My policy was canciled on 3-11-2009 after taking a payment from my account that day. 20 years of paying and I have nothing. They said It went into interest overload and would take over $7000.00 to catch it up. What's with this. Confussed in Texas read full review »