JH
Jackie H

1 reviews | Active since May 2024

08 Sept 2026, 09:36

Headline: 24 Years of Good Faith Met with Internal Failures and ******** Policy Tampering

For 24 years, I paid into my policy in complete good faith, trusting this institution with my money and my long-term financial security. Now that the investment has matured, that loyalty has been met with a 6-month stone-walling campaign. Over half a year, I have dealt with 12 separate divisions, including escalating the matter directly to the Office of the CEO, and every single department has failed to produce a basic historical transaction ledger or a transparent calculation of my payout earnings. This systematic concealment of financial records is a direct violation of the FAIS Act and TCF mandates, relying on a strategy of administrative delay to wear clients down until they give up.Furthermore, Absa claimed my Dread Disease policy "lapsed" due to non-payment, which is a complete fabrication. My home loan account was deliberately credited to accommodate the annual policy premium a full month before its due date, leaving the home loan account heavily in credit. Absa failed to process the available funds, wrongfully lapsed the policy due to their own systemic failure, and then reinstated it with unauthorized, backhanded endor*****ts. Tampering with critical healthcare and life coverage while ignoring proof of payment is a severe breach of insurance law, demonstrating a calculated effort to hide data and protect corporate liabilities while destroying 24 years of consumer trust!

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