I Was ****** by Nedbank with an Unsuitable Loan Insurance Policy!

Four months ago, I raised an issue with Nedbank about the Personal Loan Insurance they sold me. This policy has a clause (4.5) stating:

"No benefits on this policy are payable if the insured was disabled before the start date of the policy."

I’ve been disabled since 2015. Clearly, this policy could never benefit me. Yet, it was sold to me without any proper advice or consideration of my circumstances. This feels like outright exploitation.

For years, I’ve been paying for a policy that is completely useless to me! Despite bringing this to their attention months ago, no action has been taken to refund the payments I’ve made since the start of the policy.

How can Nedbank justify taking money for a product they knew I couldn’t benefit from? This isn’t just bad service—it’s daylight *******.

I demand an immediate refund of every cent I’ve paid toward this *****ulent policy. If Nedbank continues to ignore this, I’ll be left with no choice but to escalate this matter further.

Nedbank, do the right thing!