1 reviews | Active since Jun 2020
CIB IS OVERPRICED AND NOT CREDIBLE
CIB is supposed to be an option for HNWI’s - which means it’s supposed to be a no nonsense insurer. If it wasn’t for my broker PSG then CIB would have tried to repudiate or challenge my claims. The only way I was ever able to have successful claims processed is because of the GREAT EFFORT and motivation I would have to make to get them to understand that I am a client who ONLY EVER submits HONEST and legitimate claims. There’s NO POINT in having this EXPENSIVE insurance - it does not help - you are better off taking a no frills insurance option - these guys took a premium of over R 10000 pm from me because THEY had OVERVALUED AND OVERINSURED my items - I Neil I challenged it and they dropped my premium to just over R 5000 pm - I don’t have the time to police an insurer - I used them because I thought they were professional
I will be moving my insurance to an honest insurer
