AR
Andrew R

1 reviews | Active since Jun 2009

24 Aug 2022, 09:52

Massive delays in dealing with refunds

I had been with Old Mutual for just under a year, when I got a letter informing me premiums would be increasing by about 20%. Naturally, I decided to cancel, and made sure my premiums were up to date, through an EFT payment (proof was sent to my broker).

On 26 July 2022, they debited my account for the final premium (which I had paid by EFT), and on 1 August 2022 they attempted another debit order, for the new premium amount. This was not successful, and I incurred bank charges as a result.

I emailed customer care on 3 August, to query it. The feedback was slow, and often I had to ask for feedback. I was asked to provide bank statements on 10 Aug, which I supp****.

Eventually, on 18 Aug I was told my refund (premium only, no bank charges!!) was processed, and would be in my account in 3-5 working days. Today (24 Aug) is day 5, and no sign of my refund.

I am deeply disappointed by this poor service.

0
Replies (2)
Old Mutual Insure
Old Mutual Insure's reply24 Aug 2022, 10:56
Official
Dear Andrew  Complaint about service   We regret to hear that our service has disappointed you and understand your frustration. Thank you for taking time to share your concerns with us as this will help us to continue to improve our service to our customers.  We are investigating the matter and may contact you for more details so that we can finalise it as soon as possible.  We look forward to resolving this matter in a manner that you will find satisfactory. Yours sincerely
Assessor: Complaints & Continuous Improvement  
AR
Andrew R's update25 Aug 2022, 10:28
Reviewer Update
Day 6, no refund...