BN
Bongiwe N

1 reviews | Active since Dec 2017

11 Jan 2025, 12:57

Review of Premium Increase, Longstanding Customer

I am writing to express my dissatisfaction with the recent handling of my policy review request and the excessive premium increase app**** to my policy.

Since October 2024, I have made multiple attempts to contact MiWay to discuss the significant premium hike from R1,600.00 to R2,300.00—an increase of R700.00 (46%). Despite my efforts, I have not received the necessary assistance or any resolution. This increase is not only unreasonable but also places a tremendous financial strain on me, especially considering my salary increase is nowhere near this percentage, and other living costs continue to rise.

I have raised my concerns during the calls I was able to make, explaining how this hike is making it increasingly difficult to manage my finances, I was promised on numerous times to be called back by seniors which never happened. I am particularly disappointed given that I have been a loyal customer of MiWay for 15 years, with a claims history that can be counted on one hand and no major accidents.

As a long-standing customer, I expected better treatment and a more reasonable approach to my policy renewal. I kindly request that MiWay urgently reviews this increase and provide me with a fair adjustment that aligns with my loyal relationship with the organization.

I look forward to your prompt response and resolution to this matter.

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Replies (1)
MiWay Insurance
MiWay Insurance's reply11 Jan 2025, 12:58
Official
It is always our intention to meet and exceed your service expectations. We’re not happy to hear about the frustration and inconvenience you’ve experienced. Please accept our sincere apologies. We have passed your concerns on to the right team, who will get back to you with proper feedback so that we can sort this out for you.

Best regards,
The MiWay Team