Edgars not honoring policies

<p>I have had my Edgars account for years. For years I was also paying for an account protection plan, as I thought it makes financial sense. Should anything negative happen to your income, at least you'll be covered.</p> <p> In January this year I was retrenched. I immediately went to my local Edgars branch, and handed in the necessary documentation as requested. I also made sure that my account is fully paid up to date when I handed in the documentation, and informed Edgars that I expect my account protection policy to take over my payments. I do understand that this policy that was sold to me (Account Protection Plan) is underwritten by a third party ensurer, however, I did not take out the policy from them, but from Edgars.</p> <p> </p> <p>I am unemployed for eight months now, and my account protection plan still didn’t cover my account as was promised in the event of retrenchment. </p> <p> I was just contacted informed that my account was handed over for collection.</p> <p> Edgars are quick to sell policies, but refuse to honour their agreements. </p> <p> </p>