MW
Michael W

1 reviews | Active since Oct 2016

03 Dec 2024, 08:51

Non Payout of Policy as Maturity Date

*** Old Mutual Not Responding after my policy matured after many years. *** My policy matured at the end of November 2024. I sent Old Mutual a reminder in October by email that my policy was maturing shortly. They asked me for the banking details and necessary documentation which I provided. They said the relevant department would contact me directly which they never did. I contacted Old Mutual via the 0860 help line. After getting through to an operator, I was kept on the phone for over a half an hour, at my cost and eventually terminated the call as nobody came back to me after taking my query. The reference No. is CCCNM***4. I think Old Mutual's treatment of me is a disgrace after contributing to my policy for over 20 years, they are with holding the payout and now I have to beg for my money. The decent thing would have been for them to contact me as a courtesy at the policy maturity date, thank me for my loyalty and make the payment to me asap. I am very disappointed with Old Mutual and expected better customer service form the,.

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Replies (1)
Old Mutual
Old Mutual's reply03 Dec 2024, 09:02
Official
Good day Michael

We acknowledge receipt of your review and sincerely apologise for the service experience you encountered. We are committed to investigating this matter thoroughly and will make direct contact with you should further information be required.

Kind regards
Old Mutual Complaints Management