AP
Ashnee P

1 reviews | Active since Aug 2013

02 Feb 2016, 09:52

Incorrect payout

To whom it may concern:<br> <br> I have a policy with Momentum since 1984. I am due to get a payout now in 2016. I was expecting a payout of approximately R100 000. When I inquired about the payout I received a calculated figure of approximately R17 000. This is due to a loan of R8000.00 that was taken in the year 2001.<br> <br> I have spoken to several people at the call center on numerous occasions requesting a statement indicating how the payout was calculated and I have yet to receive a statement. <br> <br> I am a pensioner and with great difficult i kept the policy up to date with payments. It is very disappointing to note that after being a client for 31 years this is how I am treated.<br> I was relying on that payout to support my wife & myself. I feel complete taken advantage off and due to my limited resources I am not being take seriously. <br>

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Replies (2)
Momentum (SA)
Momentum (SA)'s reply02 Feb 2016, 09:58
Official
Hello ashnee72,

I appreciate you raising your concerns with us. They are indeed very disappointing and we certainly letting you down. We will investigate and I can assure you that a manager will contact you.

Kind regards
Michele Coetsee

Best regards,

Momentum (SA)
Momentum (SA)'s reply02 Feb 2016, 09:58
Official
Hello ashnee72,

I appreciate you raising your concerns with us. They are indeed very disappointing and we certainly letting you down. We will investigate and I can assure you that a manager will contact you.

Kind regards
Michele Coetsee

Best regards,