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Preggy M

1 reviews | Active since Mar 2020

02 Mar 2020, 15:23

Prime Meridian/Constantia Insurance Company

I took out a Living Legacy Life Policy with Prime Meridian in January 2015. Policy has been in force and active for 5 years. The underwriters are Constantia Insurance Company and they sent me an email and an SMS notifying that this policy will be discontinued and cancelled on 31 March 2020 because Constantia is a "non-life" institution and is not allowed to sell "life" products. This is, according to them, the latest regulation affecting the Insurance Industry. I have been given a contact number that remains unanswered and nobody can give us any further information from either Prime Meridian or Constantia Insurance Company. Constantia is saying there is no compensation or reimbur*****t on the premiums paid so far. There are hundreds, if not thousands of us policyholders that are affected. Please assist and share. Those affected my email is ***. We cannot allow this to happen.

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