SJ
Saurabh J

1 reviews | Active since Jan 2018

18 Mar 2025, 18:08

Is it difficult to understand what does a SETTLEMENT STATEMENT means?

I am not sure if its difficult to understand the meaning of "Settlement Statement". I have been asking for this for more than a month now and got a list of transactions of premium as a snipped. Firstly discovery decides to audit a claim from 2 years back and decides to cancel my policy and when I ask for settlement statement, nothing. Seriously. #policy -- ***

0
Replies (3)
Discovery Insure
Discovery Insure's reply18 Mar 2025, 18:25
Official
Hi Saurabh

We are sorry about your experience. 
Your concerns are important to us, and we take your feedback seriously. We would like to look into this matter further to understand what happened and explore options for resolution. A member of our team will contact you to address your concerns.

Regards
Discovery Insure
SJ
Saurabh J's update18 Mar 2025, 19:22
Reviewer Update
Thanks for your response. I don't need you to contact me, I had enough airtime with your service desk & all. I would appreciate if you can kindly assist with the settlement statement of my account. You have cancelled my policy effective 18th of October 2022 on 17th of January 2025 leaving me hanging without any insurance on my house hold and cars.
SJ
Saurabh J's update24 Mar 2025, 18:11
Reviewer Update
Thanks for sending the documents you probably have already sent me. I am looking for something which says Your policy is cancelled effective DD/MM/YYYY You paid the premiums since that day till Jan 2025 = X amount Your claim value during this time is – XX amount. You have XX Rands in your excess funder account. = in total you have transferred you XX ZAR as part of full and final settlement. Can you give me that?