RM
Remoneilwe M

1 reviews | Active since Nov 2022

03 Nov 2022, 08:23

Protection plan claim

I don’t understand why DirectAxis gives us the illusion that our loans have “protection plans” under hollard. At this point I don’t know who’s more *********** between Hollard and DirectAxis.

In fact, I wonder who’s the bigger ***** between the two?🤔🤔🤔

0
Replies (2)
RM
Remoneilwe M's update02 Nov 2022, 16:47
Reviewer Update
I have a loan with DirectAxis, everything was going well until I got retrenched as our company went into business rescue. I was struggling to make “FULL” payments, but I was still paying until I realised that the loan has a protection plan that I’ve been paying for all along.

NO ONE from DirectAxis made me aware of this protection plan when I made them aware of my situation, instead all they ever do is call me every month telling me about arrears.

Also when I tried to claim this protection plan in may 2022, I was told the claim isn’t successful due to the fact that I got retrenched before the probation period. However I was still making payments to DirectAxis and this plan even after my retrenchment.😔

I got retrenched last year September and only tried to claim in may🤧 with that being said, I understand the probation period and how it works, BUT seeing that it’s now NOVEMBER, I’m still unemployed & still struggling to make full payments & still paying for this protection plan that’s not protecting me, so what must happen?
Hollard Life
Hollard Life's reply03 Nov 2022, 09:40
Official
Hello Remoneilwe

We are sorry that you had a poor experience with Hollard, which led to you reaching out to Hellopeter with a complaint.

Our customer resolution team is busy looking into your complaint and will be providing you with feedback within five working days.

Kind Regards,
Escalated Complaints Team