Is Policy Service Fee fraud?

• Subscription Fees: Many users report being charged for ongoing subscription services that they may have unintentionally signed up for during the enrollment process.
• Service Fees: Charges may include fees associated with account maintenance or management services, which some customers might overlook.
• Purchase of Annuity Products: Users might see charges related to the purchase of annuity products, which can vary based on the type of investment.
• Transaction Fees: Some customers mention fees for transactions or withdrawals from their accounts that were not explicitly communicated beforehand.
• Policy Changes: Charges could arise from changes made to an existing policy or product, often due to adjustments in terms or updates.
• Early Withdrawal Penalties: Customers who withdraw funds before a specified term may incur penalties, which are sometimes misinterpreted or not fully understood.
• Account Setup Costs: Initial setup costs for accounts may appear as charges which some users did not anticipate during their application.
• Inactive Account Fees: Some users have reported fees for accounts that remain inactive for a certain period, which can come as a surprise.

If you see this charge and aren’t expecting it, you have various options.

First, try to contact the independence-associates.com via one of the support methods we listed below and inquire about the charge. See if they will refund it and cancel any associated subscriptions you might have.

If the independence-associates.com refused to issue a refund or you cannot get in touch with the company, call your bank or financial institution and open a credit card dispute. Record screenshot evidence from your prior conversations with independence-associates.com, and use that to open your credit card dispute. Tell your bank or credit card issuer that you do not recognize the charge and do not recall signing up for the service.

If this sounds like too much of a hassle, you can have Chargeback do it for you.

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company’s terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.