JH
JACOB H

1 reviews | Active since Nov 2015

01 Aug 2022, 14:30

Seeking clarity regarding funeral policies

I have a funeral policy with Capitec, covering my mother. It turns out she also has a policy covering herself. I am the beneficiary in both these policies. I researched that upon her death, you may not pay out both policies since they are covered by a single underwriter. Please confirm this so that I can make an informed decision.

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Replies (1)
Capitec Bank
Capitec Bank's reply01 Aug 2022, 16:31
Official
Good day Jacob 

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