PK
Peter K

1 reviews | Active since Nov 2010

19 Jun 2019, 15:32

HOLLARD... DOESN’T WANT TO PAY!

HOLLARD... DOESN’T WANT TO PAY! Could we be forgiven for thinking this is a **** AFTER 2.5 YEARS???

We ALL pay insurance to cover us for risks - SOMETIMES NOT BECAUSE WE WANT TO BUT WE HAVE TO!

Insurance companies and clients all have risks. We, the client have a Contingent Liability Policy with HOLLARD.

The Insured event occurred when the Life Assured Died. Only two premiums had been paid and the amount legally payable is R5 MILLION – OUCH!!!

HOLLARD. has not paid the claim in nearly 2.5 years. HOLLARD has NOT ONCE repudiated the claim in nearly two and a half years. HOLLARD has admitted IN WRITING to the Master of the Court that they owe the money to US the beneficiary

When we summonsed HOLLARD after 18 months including THE DIRECTORS they reacted immediately

They said our claim was VAGUE & EMBARRASSING but did not repudiate our claim?

It is embarrassing to us and HOLLARD Directors should be ashamed for treating their clients in this manner it is dishonourable, dishonest and *********.

FACT - HOLLARD has had the most complaints of all insurance companies made to the Long Term insurance Ombudsman. FACT - HOLLARD HAS A CLIENT TRUST CO EFFICIENT OF LESS THAN 3% ON THE HELLO PETER WEBSITE!!

HOLLARD has even threatened to sue us, the client, in writing, for us asking for them to pay us???

With our unambiguous and 100% legal claim, HOLLARD has refused, neglected and failed to pay after nearly TWO AND A HALF YEARS and obstructed the legal process at every turn in our humble opinion!!

The law says an insurance company should “ repudiate or pay the claim within a REASONABLE AMOUNT OF TIME” and notify the client within 10 days of their decision but TWO AND A HALF YEARS???? Is 2.5 years reasonable? HELL NO!!!!

The contract is lawful with HOLLARD The insured event occurred when the deceased died The premiums were paid and up to date HOLLARD has not paid the lawfully nominated beneficiary on their own contract alternatively HOLLARD has refused and failed to do so

HOLLARD have tried every trick in the book to delay, obstruct or prevent this matter coming to Court but have gone to Court on every issue other than the claim itself!! This can be backed up with proof!

Do you expect your insurance company to pay your claim if your premiums are paid and your claim is 100% legal? If as a client you are still pushing for payment after nearly 2.5 years what does this say about the legal system?

Please share this post with anyone who has been *****ed over in similar circumstances or who you feel may be *****ed over in the future. We now have MONOPOLY DISHONESTY, MONOPOLY ARROGANCE AND MONOPOLY DISDAIN FOR THE LAW!!

ENOUGH IS ENOUGH!

0
Replies (2)
Hollard Insurance
Hollard Insurance's reply21 Jun 2019, 09:47
Official
Hello Peter 

Whilst we understand your frustration during this lengthy process, we await feedback from our our attorneys on the matter following the legal proceedings.

Regards
Hollard Complaints

PK
Peter K's update21 Jun 2019, 12:04
Reviewer Update
CAN YOU BELIEVE THIS???? Are they responding to Hello Peter or Peter Krauspe?? This statement has to go down in history as the biggest understatement ever “ While we understand your frustration during this lengthy process”. Lengthy process caused by?????????? Looking forward to our third day in High Court PMB on the 1st of July with Hollard’s lying Senior Counsel!