DL
David L

1 reviews | Active since Sept 2024

21 Sept 2024, 09:49

BEWARE!!!! CAPITEC FUNERAL POLICY CLAIMS PAYMENTS NOT BEING MADE

I would like to express my outrage and disappointment at the grossly unfair payout of a funeral policy claim. Two individuals, My wife and her sister , both made claims under the same policy, but the outcome was shockingly disparate.

My wife , who took out the policy first and submitted their claim initially, was denied payout. In contrast, her sister , who claimed second, received a payout double the policy's cover amount. This is unacceptable and raises serious questions about your company's competence and fairness.

I've tried resolving this through customer service and the claims department, but the lack of progress is alarming. As a loyal client with years of service, I expect more from Capitec Bank.

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Replies (2)
Capitec Bank
Capitec Bank's reply21 Sept 2024, 11:08
Official
Hi David, thank you for letting us know of your concern, and for your patience while we explore this matter. We have assigned your query to a designated official who will contact you within the next business day.
DL
David L's update21 Sept 2024, 14:11
Reviewer Update
Hi Capitec Bank, Thank you for the response, however I'm extremely disappointed, but not surprised, by your generic response. 'Exploring the matter' has been your stance for 3 weeks now, with no resolution in sight.


Your constant assurances of 'investigating' and 'assigning a designated official' have yielded nothing but empty promises and no progress.


The lack of transparency and communication is appalling. As a policyholder, I expect better. My family deserves better.