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Principal Life Insurance Company

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Principal Life Insurance Company Reports & Reviews (1)

- Washington, DC, USA

I was sent 2 checks, supposedly for my pension from a former employer. But I have already been receiving my pension checks from my former employer for 2 years. Along with the checks I received an "Authorization Agreement for Direct Deposit" form. This asks for my social, all the information about my bank and bank account. Then it asks me to let them make credit and debit entries to my bank account as needed. It gives them control over my bank account.

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