1 reviews | Active since Jul 2021
Discovery life cheated us out R480 000
Dear Hello Peter.
We had a discovery life insurance policy since 2011 in my husband's name. Last year after our premiums had gone up to almost 5000pm we found out our then broker had **** to us and only 50000 and not 500000 would be added to our pension payout in 3 yrs plus if we couldn't afford to keep up the huge increments in premiums we would just lose the 480000 we have already paid into this policy. We were horrified. We cancelled our policy with immediate effect but they keeping our all Money every cent. Is there anything we can do. We nearing pension time in two yrs and we can do with OUR money. Plus our RA has also only grown at 2 percent pa. And will pay out less than half of what was predicted. We are so so disgusted and horrified that this broker Adriaan Lindque and now Discovery Life have just **** and ****** from us. #hellopeter
Please can you advise us.
SANET PIENAAR ***
