1 reviews | Active since Dec 2021
*****ulent Financial Institution
Old Mutual doesn’t even deserve a single star. This institution is *****ulent and one of the biggest ****mers in the financial insurance world. The staff I’ve dealt with are among the most *********** I’ve ever encountered. Old Mutual is misleading its contributors. After leaving my previous employer in May, I was told I could only submit my claim once their online claims system was available. I submitted my claim on September 1st, and now 2 months and 2 weeks, over 70 days later, my claim still hasn’t been processed. Instead, I receive automated responses from staff—often after hours—saying, “We are working on your claim.” This is unacceptable. The way Old Mutual handles claims is deceptive, and this issue must be exposed.
However, as usual, it turned out to be a case of false hope. After our call, Phumzile Maweni sent another email, this time claiming that my request had been escalated to senior management. Apparently, the funds are now in the process of "disinvestment," which could take 3-5 more working days—already nearing the end of the week. This delay stretches my timeline further, pushing my claim into mid-November, not even accounting for the additional approval steps required by Old Mutual for the transfer to reach my account.
Why is Old Mutual making this so difficult? This is beyond mismanagement. Imagine rural residents who lack access to Wi-Fi, data, or airtime to endure such a grueling process. Old Mutual is intentionally withholding contributor funds, and for what purpose?
Old Mutual you owe your clients, including those without the means to chase these bureaucratic delays, a transparent and accountable service.
I want my money!!!!!
However, as usual, it turned out to be a case of false hope. After our call, Phumzile Maweni sent another email, this time claiming that my request had been escalated to senior management. Apparently, the funds are now in the process of "disinvestment," which could take 3-5 more working days—already nearing the end of the week. This delay stretches my timeline further, pushing my claim into mid-November, not even accounting for the additional approval steps required by Old Mutual for the transfer to reach my account.
Why is Old Mutual making this so difficult? This is beyond mismanagement. Imagine rural residents who lack access to Wi-Fi, data, or airtime to endure such a grueling process. Old Mutual is intentionally withholding contributor funds, and for what purpose?
Old Mutual you owe your clients, including those without the means to chase these bureaucratic delays, a transparent and accountable service.
I want my money!!!!!
