1 reviews | Active since Jan 2024
Hollard funeral policy increase - Daylight *******
After being a loyal customer for almost 2 decades i decided to leave them last month because they think they know what a customer wants. After they advised that my funeral policy will increase from R 652.33 to R 788,49 i calculated the increase seeing that CPI was sitting around 5.5% during December 2023. The increase that they put through was a staggering 22% on a funeral policy. This to a person that is 50 years old and healthy. Wife also 50 and healthy and two active girls age 9 and 15. So the chances of us claiming is really minute. So people, please dont just accept annual increases without calculating the %. So I lost a lot of money after being with them for almost 20 years. I managed to get the exact same cover from OUTsurance for an amount of only R 570 per month that will increase by 5% annually. Business must understand that the customer is King and i have now decided to vote with my wallet because this was just ********* behaviour at all levels with a service provider refusing to listen to a customer. This is a funeral policy and not life insurance
Unfortunately the reason you have mentioned above is indeed correct, and that is why the premiums were increased. We understand that response is not the what you wanted to hear, however as per your policy wording it does state that Hollard may increase the premiums from time to time.
Unfortunately the reason you have mentioned above is indeed correct, and that is why the premiums were increased. We understand that response is not the what you wanted to hear, however as per your policy wording it does state that Hollard may increase the premiums from time to time.
