AM
Andisiwe M

1 reviews | Active since Oct 2022

24 Oct 2022, 20:55

I feel cheated on!

I have a funeral policy of R30 000, on the 22nd April I increased the cover to R50 000. The updated cover was effective on the 4th of May 2022. The deceased died on the 15th October. Now when I claimed I only received R30k instead of R50k. I made six full payments but the bank tells me that I haven't completed the period of six months. How? Because the updated cover was effective from 04 May to 02 Oct (SIX FULL PAYMENTS).

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Replies (1)
Capitec Bank
Capitec Bank's reply24 Oct 2022, 20:57
Official
Good day Andisiwe 

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. 

Kind regards 

Capitec Bank