LM
Lerato M

1 reviews | Active since Aug 2023

21 Aug 2025, 12:48

opening unauthorised policies

*****ulent policy was taken on my name and when i went to old mutual they told me it was probably brokers, so how do they then commission them if they are unable to identify them or its their way to ***** our money. I discovered on 14 July 2025 that a policy was taken on my name, i rushed to their branch and cancelled it and sent them an email and no response. I want them to cancell that policy and return that money. to some of us R198 is a lot of money when you don't have much. SIES to them

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Replies (3)
Old Mutual
Old Mutual's reply21 Aug 2025, 13:27
Official
Good day Lerato M,

We acknowledge receipt of your review and extend our sincere apologies 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.

Regards
Old Mutual Complaints Management
LM
Lerato M's update21 Aug 2025, 15:30
Reviewer Update
sincere apologies will not undo damage done when i have a short fall to pay my bills. just have systems in place to ensure that these brokers don't do as they please. Clearly they have picked up a loop hole on your systems. For your information I am not the only one some of my colleagues are suffering too. Surely you should be worried that people take policies and after a month they cancel. Brokers don't care they know they would have pocketed their commission while i suffer. for me to redeem my money its a process that is very stressful. PLEASE GET YOUR SYSTEMS IN ORDER. it starts slowly but it will eventually ruin your reputation.
Old Mutual
Old Mutual's reply21 Aug 2025, 16:02
Official
Thank you for sharing your concerns, Lerato. We fully note your comments and take the issues you’ve raised very seriously. Please be assured that this matter is currently being attended to, and we will provide you with feedback directly via email. Your input helps us identify where improvements are needed, and we remain committed to addressing this with the necessary attention

Regards
Old Mutual Complaints Management