TS
Tiisetso S

1 reviews | Active since Oct 2019

05 Aug 2020, 09:23

2 years premiums down the drain

I took up a funeral cover 2 years ago,and ve been paying my premiums i time till i found out about the pause clause in May this year.due to the lockdown i decided to take advantage of the pause clause.few days ago i decided to check my cover i found out that it had lapsed and the was no notifications as to why it lapsed.i then when to the branch to enquire about this..but all i could get was i had to take up a new cover..when i asked about why it had lapsed the was no proper explanation all my 2 years of premiums gone down the drain..when i asked them to reinstate it they refused .i have never claimed on it.

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Replies (1)
Capitec Bank
Capitec Bank's reply05 Aug 2020, 11:14
Official
I acknowledge your posting, and have referred it to Complaint Management for immediate attention.
 
Feedback will be provided within five working days.  I trust that this situation will be resolved to your satisfaction.

Kind regards
Capitec Bank