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janine M

1 reviews | Active since May 2010

01 Aug 2016, 13:05

NO DREAD DISEASE WITH FNB ON HOME LOANS

<p>The MPP (Morgage Protector Plan) with FNB has no dread disease cover. FNB only have Dread Disease cover if you have a loan. I have asked why and everyone says banks dont do that. I have researched and ABSA and Standard Bank offer dread disease cover. Face the facts lots of people could outlive their bond repayment plan, but if they are sick with cancer and dread disease, they are then not covered and will probably loose their homes due to illness. Be careful if FNB sell the MPP to you, it does not cover dread disease at all, and it looks like their opposition banks ABSA and STD are the ways to go - so move your HOme loans there</p>

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Replies (1)
FNB (First National Bank)
FNB (First National Bank)'s reply01 Aug 2016, 13:27
Official

Good Day Miss Michel,

Please accept our apologies for the disappointing experience and the unnecessary concern caused.

we're already liaising with our relevant departments to get this sorted out ASAP and will be in touch as soon as the necessary investigations have been done.

The reference for your complaint 982961

Kind regards

Complaints Resolution

Daffnie Govender

Email address: **********

Tel number: ********** 404 (option one)