FORT MYERS, Fla. - Florida's Department of Financial Services has issued a warning about a bogus insurance policy sold to Floridians. Chief Financial Officer Alex Sink estimates 1800 people in the sunshine state bought bogus health insurance policies from a group called the Association of Independent Managers or AIM.

Call for Action uncovered of 96 complaints  her office received about this company, five came from right here in Southwest Florida.

"I don't even know who to blame," said Frank Perrault, who bought his policy from aim when he retired early and his cobra benefits ran out.

Frank has pre-existing conditions so the AIM plan looked like a perfect way to stay insured.

"They paid doctors appointments. They paid a little bit of lab work," said Perrault about the policy, "Then around the 3 or 4th week of November of 09, I got a letter saying they were inundated and didn't want customer service to suffer."

The letter said they would transfer his policy to CEO club. The letter boasted having Donald Trump and Steve Forbes as customers.

"So I thought I was insured. I had a doctors appointment in January and lab work in March. I thought everything was ok," said Perrault.

Then in May, Perrault received another letter stating his coverage was dropped. When he checked with his doctor, he found out the bill was never paid.

Perrault and 95 other Floridians made complaints to the Department of Financial Services.

Tuesday, the department issued a consumer warning about AIM. They say the company is not authorized to do business in Florida.

Their warning includes these ten plans associated with aim...all who've made promises to pay claims but never delivered.

 AIM Health Solutions
 AIM Guaranteed Health Insurance
 "CEO Club Benefits"       
"CEO Health Club Benefits"
"Chief Executive Officers Club"
"CEO Health Select"

AIM is also known to associate with the names of:

National Association of Business Leaders (NABL)
Worldwide Family Benefit Association       
Insurance Resource Group (IRG)
Integrated Insurance Marketing (IIM)
Phoenix Insurance / Star, U.K. / Star Group, U.K.
Viking Administrators
Commerce Benefits Group Agency


If you have one of these policies, call your financial institution and stop electronic payments and possibly close your account.

And to check out an insurance company to make sure they are authorized to do business in Florida, click here.