HCMh
Hlalala Crenacia Maluleke hlalalamaluleke

1 reviews | Active since Jan 2023

14 Apr 2025, 13:11

Payment Issue and Lack of Support from Momentum & Private Advisor

I am extremely disappointed with the level of service I’ve received from Momentum and my appointed financial advisor from Private Financial Advisors. I received a notification stating that my premium for last month was not paid, despite the funds being successfully deducted from my bank account on the 25th. I sent proof of payment immediately to my advisor.

It’s now been three weeks with no resolution, and I’ve had no meaningful feedback. My follow-ups are being ignored, and I am left uncertain about the status of my policy.

This raises serious concerns about how claims would be handled if something were to happen to me. I have only been a client for two months, yet I’ve experienced delays in communication, broken promises regarding onboarding, and poor client engagement.

I expect Momentum to urgently investigate this matter, confirm that my policy is up to date, and ensure that appropriate action is taken to address this poor level of service.

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Replies (3)
HCMh
Hlalala Crenacia Maluleke hlalalamaluleke's update14 Apr 2025, 11:27
Reviewer Update
Momentum life insurance
Momentum (SA)
Momentum (SA)'s reply14 Apr 2025, 13:19
Official
Dear Hlalala
Thank you for your message. I am sorry to hear about your experience.
Kindly provide us with your identity number and policy number on a private reply to assist you in this regard.
Kind regards
Mvdm
Momentum (SA)
Momentum (SA)'s reply14 Apr 2025, 14:12
Official
Dear Hlalala
Thank you for your feedback. 
I have referred your complaint to our Myriad team for urgent assistance.
Kind regards
Mvdm