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Business Profile

Retirement Planning Services

Athene USA

Complaints

This profile includes complaints for Athene USA's headquarters and its corporate-owned locations. To view all corporate locations, see

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Athene USA has 2 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    • Athene USA

      7700 Mills Civic Pkwy West Des Moines, IA 50266-3862

      BBB accredited business seal
    • Athene USA

      1080 Jordan Creek Pkwy West Des Moines, IA 50266-6004

      BBB accredited business seal

    Customer Complaints Summary

    • 70 total complaints in the last 3 years.
    • 22 complaints closed in the last 12 months.

    If you've experienced an issue

    Submit a Complaint

    The complaint text that is displayed might not represent all complaints filed with BBB. Some consumers may elect to not publish the details of their complaints, some complaints may not meet BBB's standards for publication, or BBB may display a portion of complaints when a high volume is received for a particular business.

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    Complaint status

    Complaint type

    • Initial Complaint

      Date:07/09/2025

      Type:Product Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I am writing to express my concern and frustration regarding the life insurance claim for my late mother, who passed away nearly three months ago.After submitting her death certificate, we were informed that documents had been mailed and faxed to both me and my sister. However, neither of us has received anything. Despite multiple follow-up calls, we have not been given any clear answers or updates.On June 15, 2025, I located the claim form on their website and submitted it directly. I was told processing would take 10 business days. That time has now passed, and I still have not received any update. When I call, no one seems able to provide any status or explanation. My sister is experiencing the exact same difficulties.We respectfully request immediate clarification on the status of this claim and expect a timely resolution to what has already been an unnecessarily stressful process.Thank you for your prompt attention to this matter.

      Business Response

      Date: 07/10/2025

      Keeping Policy information secure and private is one of our top priorities. In compliance with state and federal privacy laws, we are required to restrict access to Policy information to the Policy Owner or authorized individuals. Therefore, because we have not received written authorization to release information to the Better Business Bureau, we are responding directly to the Complainant.

      We will provide a written response to the consumer on or before July 30, 25.

       

      Thank you.


      Customer Answer

      Date: 07/10/2025

       
      Complaint: 23576206
      I am rejecting this response for the following reasons:
      Despite repeated claims, I have not been contacted as promised, nor have I received any updates or information regarding the claim. My mother passed away three months ago, and I was told this process takes no more than 10 business days. To date, I have received nothing, and each time I call, no one is ableor willingto provide any meaningful information.

      Sincerely,


      ****** *******

      Business Response

      Date: 07/10/2025

      Hello, 

      Per our last response, we have an analyst assigned to this case and just logged this today. We expect to have a response ready to send directly to the consumer no later than July 30, 2025. 

       

      Thank you!

       

    • Initial Complaint

      Date:06/30/2025

      Type:Order Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      My name is ******* T. ******* II, and I'm attempting to help my parents with their investments with Atehene. I have attached files showing that I have Power of Attorney for both of my parents, ******* T. ****** *** and ******** F. *******. Both documents have been drafted by an attorney and have been signed all parties and a public notary. Athene is denying my power of attorney. Athene has also locked my parents' online accounts and will not let them have access to their accounts.

      Business Response

      Date: 07/10/2025

      In order to maintain the privacy and security of our customers, no details will be posted here. A complete response was provided to the complainant via **************.

      Customer Answer

      Date: 07/13/2025

       
      Complaint: 23538085

      I am rejecting this response because: no explanation was given as to why the power of attorney forms were not accepted.

      Sincerely,

      ******* *******

      Business Response

      Date: 07/18/2025

      We believe the information the consumer was provided by to him by the Company via **** mail. It is possible the information was still in route when he rejected our posted response. If he has questions, he may contact a company representative using the contact information provided in the letter sent to him.

      Customer Answer

      Date: 07/23/2025

       
      Better Business Bureau:

      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.

      Sincerely,

      ******* *******
    • Initial Complaint

      Date:06/17/2025

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I am one of six dependents that have filed a beneficiary claim form after my mom's passing in February. After numerous filing of claim forms (via fax as directed), I've now been instructed to mail another set of claim forms. I have been misled by Athene representatives that the claim was being processed and will be mailed. This is the third set of the same claim forms that have been sent and I have been met with various excuses including mistaken identity with my sister, missing fax pages (even though they assured me several times that they had received them and the claim was being processed).

      Business Response

      Date: 06/25/2025

      Thank you for the opportunity to review and respond to our customers concerns.  To protect the contract owners privacy, we have provided a written response directly to him/her by *****************************  A response will not be posted to this site.

      Customer Answer

      Date: 06/30/2025

       
      Complaint: 23476366

      I am rejecting this response because: Athene is referring to a previous claim that they had paid on(MA00058847) from their Des Moines IA office.  The claim that I am referring to is from their St **** ********* which is contract/policy number 0100029542.

      Sincerely,

      ****** ********

      Business Response

      Date: 07/09/2025

      Thank you for the opportunity to review and respond to our customers concerns. To protect the contract owners privacy, we have provided a written response directly to him/her by ****************************. A response will not be posted to this site.
    • Initial Complaint

      Date:06/16/2025

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I have tried numerous times to collect on my husband's life insurance policy with Athene Life (Policy #********). I have had to resubmit forms that they claim they never received even though it was certified mailed to their claims department. I was told multiple times that the claim would be reviewed and paid within ten days only to have a blank claim form mailed to me with no explanation. Their claim department will only go by first name basis and will not give a work email so it impossible to hold anyone accountable for the horrible customer service. Attached is a summary of dates, names, correspondence reference numbers, certified mailing proof, phone numbers, email addresses, claim forms submitted and other documents that have been used to verify may claim.Thank you

      Business Response

      Date: 06/17/2025

      Keeping Policy information secure and private is one of our
      top priorities. In compliance with state and federal privacy laws, we are
      required to restrict access to Policy information to the Policy Owner or
      authorized individuals. Therefore, because we have not received written
      authorization to release information to the Better Business Bureau, we are
      responding directly to the Complainant.

      We will provide a written response to the consumer on or
      before 6/26/25.

       

      Thank you.

      Customer Answer

      Date: 06/17/2025

       

      Complaint: 23475733



      I am rejecting this response because:   They did not provide a contact name that will handle this complaint.   In the six months dealing with this company their policy is to put off for ten days and never give a first and last name, direct email, or direct number to hold someone responsible as stated in my original complaint.   I will accept their delay only if given a direct contact (first and last name), email, and direct phone number of someone within the United States that will be handling this case.   Their response to this should also be CC to my email address.    ([email protected]).   



      Sincerely,



      Carol Kragt

       

      Business Response

      Date: 06/18/2025

      Hello,

       

      Per the previous response, one of our analysts is reviewing this case and will provide a written response no later than 6/26/25. 

       

      Thank you!

    • Initial Complaint

      Date:03/05/2025

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      Feb 1 2025. They made an error on my tax form and I have requested they fix it. It has been over 30 days and I can not reach anyone besides a unknowledgeable customer service agent, which refuses to allow me to speak to a supervisor. I have called numerous times with no help. I have also requested a withdrawal form and they can not give me one until someone in another department reviews my request. At this point, I am going to be penalized due to their tax error and I can not remedy this. Compleatly unethical business practices.

      Business Response

      Date: 03/13/2025

      Thank you for the opportunity to review and respond to our customers concerns.  In order to protect the contract owners privacy, we have provided a written response to her by *****************************  A response will not be posted to this site.  

      Customer Answer

      Date: 03/16/2025

       
      Complaint: 23022923

      I am rejecting this response because:
      I have been in contact with customer service as of today 3/15/25 there has not been any resolve. 1. No corrected statement 2. They have not furnished me with an excessive *** contribution form as requested. 

      The letter they sent is a generalized letter saying they need up to two weeks. At this point it has been 2 weeks. 
      Sincerely,

      ***** *****

      Business Response

      Date: 03/31/2025

      Thank you for the opportunity to review and respond to our customers concerns.  ********************** is required to maintain physical, electronic and procedural safeguards in compliance with applicable laws and regulations to guard our customers personal and non-public information.  Therefore, a response was mailed directly to Ms. ***** at her address of record.  
    • Initial Complaint

      Date:03/03/2025

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I ,********* *******, have a single life annuity with Athene ******************* I am applying for a property tax exemption for seniors in ****** Nh. It has been three weeks Athene ************************* has told me that they could not provide me with any more contacts higher up. That they put in a request of a letter I am seeking. My city hall in ****** needs the letter to say , no cash value. I had the woman at the ********* put in writing what was needed. Athene said we can only give you the verification letter we have.i need a letter specifically saying Constances certificate number has no cash value. They keep telling me they are waiting for their higher *** to approve a new letter to be faxed to me. This is a time sensitive thing that I need for the *************, **** you help me resolve this, I am getting nowhere. Thank You ********* *******

      Business Response

      Date: 03/11/2025

      Thank you for the opportunity to review and respond to our customers concerns.  To protect the contract owners privacy, we have provided a written response directly to her by ****************************, mailed on March 11, 2025.  A response will not be posted to this site.

      Customer Answer

      Date: 03/11/2025

       
      Better Business Bureau:

      I have reviewed the response made by the business in reference to complaint ID ********, and find that this resolution is satisfactory to me.

      Sincerely,

      ********* *******
    • Initial Complaint

      Date:02/28/2025

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      In September of 2024, my policy had a surrender value of $98.24. Realizing this was quite low, I requested my monthly premium be increased from $400 to $450. I received a bill from Athene in November informing me my policy did not have any cash value and would require $1,015.71 to maintain coverage. I immediately called Athene and requested the current cost of insurance and an illustration to reduce the coverage amount. I was told to expect the information in 10 -14 business days plus mailing time. After this time had past, I followed up several times to determine when I could expect the information and was always told it was being processed by the illustrators. I simply wanted this information in an effort to make an informed decison regarding my policy. As I did not feel it would be beneficial to simply let the policy lapse, in good faith, I sent a check for the $1,015.71. After the check was received and had cleared the bank, I received information from Athene that the cost of insurance was going to be close to $600 per month. I was never informed as to what the face value of the policy could be reduced to in order to maintain the policy. I made the decision shortly there after to surrender the policy due to lack of afordability. After I made the request to Athene for the proper Surrender Form and process, two additional monthly premiums of $450 each were debited from my account. I have been reimbursed for one of those monthly debits in the amount of $450. This monthly premium was debited from my account after ********************** received the surrender request.Due to Athene's lack of responsiveness and incomplete information, I was unable to make an informed decision regarding my policy. Had I simply let the policy lapse, I would still have $1,915.71 in my account. As I have been reimbursed $450, I am requesting an additional reimbursement of the balance of $1,465.71.

      Business Response

      Date: 02/28/2025

      Keeping Policy information secure and private is one of our top priorities. In compliance with state and federal privacy laws, we are required to restrict access to Policy information to the Policy Owner or authorized individuals. Therefore, because we have not received written authorization to release information to the Better Business Bureau, we are responding directly to the Complainant.

      Our teams policy when handling complaints/inquiries is to work on the items in the order they are received. We are currently reviewing this matter and gathering appropriate information.  As soon as this review process is complete,we will again correspond directly with the Complainant. We expect this process to be completed in approximately 7-10 business days from today. While we are reviewing this matter, we welcome the opportunity to address any additional questions or concerns the Complainant may have.

      We will provide a written response to the consumer on or before 3/20/25.

       

      Thank you!

      Customer Answer

      Date: 02/28/2025

       
      Complaint: 23002548

      I am rejecting this response because:  This is typical of my experience with Athene.  They send me bills with due dates and when I ask for information to make an informed decision, Athene will take weeks, if not months to respond - if they ever do.  It has always taken me countless follow *** to get any information, and when I do, the information has frequently not answered the questions I asked.

      I am continuing to request an additional refund of $1,465.71 due to Athene's lack of responsivness.  Had I simply let the policy lapse, this money would still be in my bank account, rather than trying to keep the policy active while I waited for information from Athene.

      Sincerely,


      **** *****

      Business Response

      Date: 03/03/2025

      Hello, 

      We still have this listed as an open case, under review, with an anticipated response no later than 3/20/25. 

       

      Thank you!

      Customer Answer

      Date: 03/03/2025

       
      Complaint: 23002548

      I understand and appreciate knowing this is still an open case.  

      I have also contacted Athene this morning and have requested the proper form to Authorize the BBB to communicate directly with Athene regardiing my complaint.  I was told to expect the proper form via email within one to two business days.  I will complete and return the authorization form to Athene as rapidly as possible.

      In the meantime, if it will expidite the process, please accept this communication as authorization for the BBB to communicate with Athene regarding my complaint.

      Sincerely,

      **** *****

      Business Response

      Date: 04/21/2025

      Keeping Policy information secure and private is one of our top priorities. In compliance with state and federal privacy laws, we are required to restrict access to Policy information to the Policy Owner or authorized individuals. Therefore, because we have not received written authorization to release information to the Better Business Bureau, we are responding directly to the Complainant.

      Correspondence addressing the above-referenced complaint was mailed directly to the Complainant on 3/13/25. While we have closed the inquiry, we welcome the opportunity to address any additional questions or concerns the Complainant may have.
    • Initial Complaint

      Date:02/19/2025

      Type:Product Issues
      Status:
      AnsweredMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      Delayed pension deposits for two months. "Required" to submit forms that were not sent to me, and Athene can not find at their business site and/or website. I was told they could provide me a copy of this form "for my personal records", and NOBODY from Athene can find this document to forward to me. So I would like the form and an explanation of how I am suppose to submit this form without it being sent to me and why my payments were delayed?

      Business Response

      Date: 02/28/2025

      At Athene, our integrity and reputation depend on our ability to do the right thing. The Company is committed to promoting a culture that encourages compliance with the law and all our policies and procedures. We will contact the individual separately to respond to any concerns.

      Customer Answer

      Date: 02/28/2025

       
      Complaint: 22957200

      I am rejecting this response because: I do not see anything that they have done except state their flawed mission statement!!

      Please correct me if I am wrong, but I do not see any response from Athene except this comment:

      At Athene, our integrity and reputation depend on our ability to do the right thing. The Company is committed to promoting a culture that encourages compliance with the law and all our policies and procedures. We will contact the individual separately to respond to any concerns.

      Athene's actions and history of this encounter is anything but acceptable.  Their "integrity and reputation is seriously in doubt, especially since I was told that Athene was aware of this on-going problem with other customers, but it still has not been fixed/corrected.  How many lives have they negatively affected?  How many payment delays have they caused?  I am unaware of a law that "encourages this type of "compliance with the law".  I do believe that they focus their actions on their own policies and procedures, no matter how it affects their pensioners at any cost to the pensioners.
      Sincerely,

      ******* ********

      Customer Answer

      Date: 02/28/2025

      Hello:

      Did my response not process from a few minutes ago?  If you do not see it, then I will compose it again?

      ******* ********

      Customer Answer

      Date: 02/28/2025

      Complaint: 22957200

      I am rejecting this response because: I do not see anything that they have done except state their flawed mission statement!!

      Please correct me if I am wrong, but I do not see any response from Athene except this comment:

      At Athene, our integrity and reputation depend on our ability to do the right thing. The Company is committed to promoting a culture that encourages compliance with the law and all our policies and procedures. We will contact the individual separately to respond to any concerns.

      Athene's actions and history of this encounter is anything but acceptable.  Their "integrity and reputation is seriously in doubt, especially since I was told that Athene was aware of this on-going problem with other customers, but it still has not been fixed/corrected.  How many lives have they negatively affected?  How many payment delays have they caused?  I am unaware of a law that "encourages this type of "compliance with the law".  I do believe that they focus their actions on their own policies and procedures, no matter how it affects their pensioners at any cost to the pensioners.
      Sincerely,

      ******* ********

      Business Response

      Date: 03/06/2025

      At Athene, our integrity and reputation depend on our ability to do the right thing. The Company is committed to promoting a culture that encourages compliance with the law and all our policies and procedures. We will contact the individual separately to respond to any concerns.

      Customer Answer

      Date: 03/07/2025

       
      Complaint: 22957200

      I am rejecting this response because:

      It does not solve anything.  All this is saying is their company motto:  If Athene believed tis motto and stood behind the statement then I would not have this issue.  I have not heard anything from Athene.  This is the third or fourth time that they said that they would contact me directly and they still have not.

      What I would like from Athene:

      1.  Explanation of why this happened, and why it took Athene over 5 months to get me the form that Athene said that they had already sent to me?  

      2.  Why Athene punished me by withholding my payment by two months because of their lack of competency and professionalism.

      3.  Compensation for the delayed payments and for all the time and frustration trying to make sure everything was setup correctly for payments and the time it has taken me to try and get this resolved with Athene? 


      Sincerely,

      ******* ********

      Customer Answer

      Date: 03/31/2025

      Complaint: 22957200

      I am rejecting this response because:

      It does not solve anything.  All this is saying is their company motto:  If Athene believed tis motto and stood behind the statement then I would not have this issue.  I have not heard anything from Athene.  This is the third or fourth time that they said that they would contact me directly and they still have not.

      What I would like from Athene:

      1.  Explanation of why this happened, and why it took Athene over 5 months to get me the form that Athene said that they had already sent to me?  

      2.  Why Athene punished me by withholding my payment by two months because of their lack of competency and professionalism.

      3.  Compensation for the delayed payments and for all the time and frustration trying to make sure everything was setup correctly for payments and the time it has taken me to try and get this resolved with Athene? 


      Sincerely,

      ******* ********
    • Initial Complaint

      Date:01/27/2025

      Type:Order Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      My father, ******* ******, passed away December 16, 2024. I am trying to help my Mom secure funds from a Whole Life policy Dad held for over 40 years with Athene Annuity and Life. Premiums have been paid on time throughout the years with the most recent statement due 9-4-24 paid and check cashed by Athene on 8-28-24. After several attempts to secure the necessary redemption forms, each time being told they would arrive in 5 days, we still have not received any such documents. We have been hung up on and treated rudely when asking to speak to a supervisor. My 88 year old Mom deserves and needs this payout. Please help. Thank you.

      Business Response

      Date: 01/27/2025

      Keeping Policy information secure and private is one of our top priorities. In compliance with state and federal privacy laws, we are required to restrict access to Policy information to the Policy Owner or authorized individuals. Therefore, because we have not received written authorization to release information to the Better Business Bureau, we are responding directly to the Complainant.

      Our teams policy when handling complaints/inquiries is to work on the items in the order they are received. We are currently reviewing this matter and gathering appropriate information.  As soon as this review process is complete,we will again correspond directly with the Complainant. We expect this process to be completed in approximately 7-10 business days from today. While we are reviewing this matter, we welcome the opportunity to address any additional questions or concerns the Complainant may have.

      We will provide a written response to the consumer on or before 02/14/25.

      Thank you.


    • Initial Complaint

      Date:12/03/2024

      Type:Service or Repair Issues
      Status:
      ResolvedMore info

      Complaint statuses

      Resolved:
      The complainant verified the issue was resolved to their satisfaction.
      Unresolved:
      The business responded to the dispute but failed to make a good faith effort to resolve it.
      Answered:
      The business addressed the issues within the complaint, but the consumer either a) did not accept the response, OR b) did not notify BBB as to their satisfaction.
      Unanswered:
      The business failed to respond to the dispute.
      Unpursuable:
      BBB is unable to locate the business.
      I filed a **** back in 2011 with *****************. Never heard anything finally found out that Athene now is in charge of the Pension plan. I called Athene back in September when my ex husband said they sent him papers for his lump sum payment in November. They requested all my paperwork again and said I would hear back. I have heard nothing yet complied and resent everything. I have called at least 6 times and still nothing but we are working on the open ticket. This is the worst customer service ever. I used to be a pension administrator and I k is it does not take this long for a response. I cant get to the qdro department or a supervisor ever. I fear that I will never receive what is due to me from my divorce decree. My next step is to to hire a lawyer to represent me and figure this out.

      Business Response

      Date: 12/10/2024

      Thank you for the opportunity to review and respond to our customers concerns.  ********************** is required to maintain physical, electronic and procedural safeguards in compliance with applicable laws and regulations to guard our customers personal and non-public information.  Therefore, a response was mailed directly to Ms. ************* at her address of record.  

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