1 reviews | Active since Mar 2017
Bad returns on investments without any clearification and answers
My name is Sphiwe Marlon Nkosi, policy holder with Metropolitan, I have concerns with what I will be paid out after paying R560 for almost 5 years. The problem is I don’t see any interest in this investment than the monies I was paying in. yes I took R3000 before and further borrowed R10 000 which was paid back with interest this year September in full, the documents I received though state that I owe Metropolitan, how so for I paid back over R11 000 for the R10 000 I paid in, now I multip**** that what I was paying for over 55 Months and the amounts comes back to almost R28 000 which I what I will receive, where is the interest in all this???, how much did I accumulate?, for this is starting to look like an savings account than it is an investment policy, regrettable decision this.
THIS EMAIL I SENT TWICE RECEIVED NO RESPONSES WHAT SO EVER
Dear Mr. Nkosi
Thank you for raising your concerns with us.
We regret that you are dissatisfied with your policy performance.
Please remember that an investment policy is not a bank account and does not earn interests as such. The investment fund of an Endowment policy attracts bonuses, each year when the company declares profits. Remember, the larger your policy's investment fund, the more bonuses it will attract.
One of our Client Care Assessors will investigate your complaint and contact you via return email.
Regards
Client Care Team.
Dear Mr. Nkosi
Thank you for raising your concerns with us.
We regret that you are dissatisfied with your policy performance.
Please remember that an investment policy is not a bank account and does not earn interests as such. The investment fund of an Endowment policy attracts bonuses, each year when the company declares profits. Remember, the larger your policy's investment fund, the more bonuses it will attract.
One of our Client Care Assessors will investigate your complaint and contact you via return email.
Regards
Client Care Team.
Dear Mr. Nkosi
Thank you for your additional comments.
We will revert back to you as soon as possible.
Regards
Client Care Team
Dear Mr. Nkosi
Thank you for your additional comments.
We will revert back to you as soon as possible.
Regards
Client Care Team
