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winston M

1 reviews | Active since Nov 2012

05 Jun 2025, 13:15

Poor Client response and uncompetitive Funeral Policy

I have been paying about R325/month to Clientèle for a funeral policy covering myself and my spouse for R12,000 each, plus two children. I recently found out African Bank offers R50,000 cover for the same premium. I emailed both Clientèle's compliance team and service desk to query this with no response. I also called twice and the consultant I spoke to promised to escalate the issue. That never happened.

This isn’t just about poor service. It’s also about fair treatment under FSCA regulations. According to the Treating Customers Fairly (TCF) framework, financial service providers must:

Offer products with fair value; Communicate clearly and transparently; Regularly review products to ensure they remain competitive and suitable.

Clientèle has failed on all of these. I have received no explanation, no review of my policy and no effort to align with market standards.

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Replies (2)
Clientele Life
Clientele Life's reply23 Jun 2025, 08:41
Official
Dear winston,

Please accept our apologies for the delayed response.
We confirm receipt of the concerns raised and apologize for any inconvenience caused.
         
Your query has been escalated to the relevant department for investigation, and we will be in contact to assist.
                  
Yours sincerely,  
  Lindiwe Mabizela
Service Support Team Leader
Clientele Life 
Clientele Life
Clientele Life's reply24 Jun 2025, 14:44
Official
 Dear Winston,   At the outset I would like to apologize for the inconvenience caused regarding the concerns raised.  As per our discussion, the necessary feedback has been provided on even day regarding the type of a policy you have with us since 2017.  Furthermore , I have requested that you can forward your query to our Internal Arbitrator Department to have your matter reviewed.  I  trust you find this in order and that your query has been resolved . However, should you wish to contact us again please do not hesitate to do so.  Vusumuzi Dlamini Services Recovery Specialist Clientele Life