JT
Jaco T

1 reviews | Active since Dec 2012

09 Mar 2015, 11:00

INSURANCE NOT COVERING SERVICES OFFERED

Hi Peter<br> <br> I suppose one should never have to deal with finances after the loss of a parent, and shows the importance of thoroughly reading ones insurance policies when obtaining them.<br> <br> My Father had a huge huge credit card.. And the Life insurance supp**** by ABSA was not enough to sufficiently cover the settling of this product.<br> <br> I am now liable for the outstanding amounts on this estate. I am severely disgruntled by ABSA. as I feel they should not sell a product if they cannot provide a life insurance which is adequate to the product sold.<br> <br> My opinion of all of this.. This is just a way of legal theft.<br> <br> To all of you reading this.<br> <br> Please ensure your life insurances are up to date,. as you can be held responsible for outstanding debts

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Replies (1)
Absa
Absa's reply09 Mar 2015, 13:01
Official
Hello jacovt1309,

Dear Customer

Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback accordingly.

We sincerely apologize for any inconvenience caused.

Kind regards

Danzig Boyce
Group Customer Care
Absa Bank Ltd