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Carl B

1 reviews | Active since Mar 2021

20 Apr 2021, 12:07

Hostage: funeral policy.

On 4 Feb 21 I sent a mail to Hollard citing my dispute with Edgar's a/c *** over-billed account. I referenced the funeral policy EFPP***P through Edgars and underwritten by Hollard, inception Dec 2017, and my intention to retain the policy. I further requested arrears due on the policy since my last Edgar's a/c payment was in Oct 20. I also requested bank details and reference for all future payments. On 12 Feb 21 I received a mail from IUA Business Solutions, the appointed administrators for financial service products linked to Edgar's/Jet accounts. They requested my ID no/Edgar's a/c no as they were unable to trace the policy. On 3 March 21 received a mail from IUA with a new policy no EDC*** and an updated policy schedule which they claim I requested. IUA further advised that the policy was active and premiums were billing through my Edgar's a/c. On 4 March 21 I mailed IUA advising that I requested Edgar's close my account on 24 Dec 20. I further requested they provide me with banking details and reference for Hollard for all future payments. I also advised that I would not sign the debit order mailed to me by IUA. 8 March 21 IUA responded that the debit order form needs to be completed if I wished to keep the funeral policy. They further advised that there is no banking details available for Hollard to make direct payments. All I want is to retain this funeral policy which I have been paying for since 2017. Instead I'm being frustrated and strung along by Edgar's and IUA knowing that the policy will terminate after 4 months of non-payment and all premiums paid since Dec 2017 would be lost. Instead the funeral policy is being held hostage by 2 intermediaries, one (IUA), I did not know even existed until this enquiry. NB: I never had to sign a debit order when I took out the policy in 2017. Why do I need to now.

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Replies (2)
Hollard Life
Hollard Life's reply20 Apr 2021, 13:37
Official
Hello Carl
We are sorry that you had a poor experience with Hollard, which led to you reaching out to Hellopeter with a complaint. 

We are looking into your matter and will be in contact with you within two to five working days.  

Kind Regards, Natasha Vos 
Hollard Life
Hollard Life's reply21 Apr 2021, 13:33
Official
Hello Carl  We acknowledge your frustration with regards to the request for a debit order to be signed. Based on your request to continue with your policy the only available option we have to collect your premium is via a debit order facility.  To ensure continuation of your policy please let us know if we can arrange for our administrator to contact you. We regrettably do not have the capability to collect via EFT or direct deposits.  Kind Regards Natasha Vos