1 reviews | Active since Nov 2019
WHAT ABSA SAYS IS LAW ( No if's or but's )
CREDIT LIFE POLICY.......Ha, Ha. What a joke !! I tried to claim on it for the Covid scenario. this after paying R219 per month for about five or more years. 219 x 60months. Sorry you can not claim as you retired ( over 65 ), was their response ABSA knew that I had reached retirement age. They knowingly took my money without notifying me that I would not be able to claim unemployment after a certain age, even though I am still working as a self employed business owner. So....I requested cancellation of the useless policy on the 1st of July 2020. ABSA replies on the 2nd of July that the policy is cancelled. Yay !!! Two weeks later I reveived my statement AND the premium was still there. When I contacted ABSA about the premium, they say that they will not reverse it, as I should have canceled the policy before the 1st of the month. ( ABSA LAW ) Now I must pay for July, for a calcelled policy with no coverage. ( ABSA LAW ) Do yourself a favor and never get involved with the almighty ABSA. Do not attempt Covid relief payment deferral. Another joke !! Listen to this advise or learn the hard way.
