HM
Handswell M

1 reviews | Active since May 2016

22 May 2020, 15:49

Unfair treatment and lack of resolving complains raised

I had 2 policy with old mutual investment policy number ***4 and greenlight policy ***4. On the 3rd of April 2020 I wrote and email requesting to cancel my investment policy and the person who assisted was Imraan Jacobs the administrator. And I received email confirming the cancellation. So on the 4th of May I was just checking my portfolio on their website and realized that my greenlight policy was also cancelled and its state that it was inactive since the 24th of April 2020. Then I wrote email to complains at old mutual and raised my questions. And did get automated reply email that a consultant will call me in a days time that was on the 4th of may 2020 and I never received any call and did follow ups until the consultant called me on the 18th of may. At first she said to me my policy was cancelled on the 24th of April but I said to her I didn't cancel my greenlight policy I requested that my Investment policy be the one that is cancelled. And then she said maybe the person who did it might have made a mistake to cancel it. We had few exchanges of disagreements and then she changed her statement that it has lapsed. Then I ask her how can a policy lapse when you collected the money from my account on the 27th of march and April since it's our agreed date of collection..then she said she can only see the debit of March can't see for April so I must go to my bank and ask why did they debit my account. I told her how can I ask them such questions cause I know I have policy with old mutual and I know the reference number they used. Then she finally say she can help me reinstate the policy I then refuse the reinstatement of it before I get clarity why it was cancelled it 1st and what was the reason.. I do have the recording of the conversation. I then wrote another email attached the recording and the reply was they can't open the recording and a consultant will contact me to clarify this. The same consultant call and when she hears that it was me she drop the phone on me likely I do have the second recording with me.

Now old mutual don't want to give me clear explanation why my policy was cancelled or even if it has lapsed why it was not communicated to me..and still they are debiting my account..What if something has happened to me and my beneficiary were going to be send from pillar to post cause I wouldn't be there to ask this question on their behalf. And still today I'm still getting the same response by email that it lapsed on the 3rd of April. My question is how can my policy lapse on the 3rd of April while on the 27th of March they collected the monthly premium and on the 27th of April they collected it again. And now all they can say is to offer me reinstatement of the policy with any clarity on the questions are raised and how do I trust them that this thing won't happen in the future.

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Replies (4)
Old Mutual
Old Mutual's reply25 May 2020, 10:35
Official
Dear Handswell Mathebula
 
Please accept our sincere apologies for all inconvenience caused. Your matter will be referred through to Old Mutual Life insurance as Old Mutual insure only deals with Short term insurance.
Kind regards 
 
Consultant: Complaints Claims | People & Brand 
Old Mutual
Old Mutual's reply25 May 2020, 12:43
Official
Dear  Handswell Mathebula

I acknowledge receipt of your complaint. This matter will be investigated and I will be in contact with you.

Regards

Coleen Aanhuizen
Old Mutual Complaints  Management

HM
Handswell M's update26 May 2020, 15:38
Reviewer Update
I'm still not happy with the response I got from BILQEES CARELSE..at 1st I was ask to send my bank statements I did send it.
1 Now I'm told my greenlight policy lapsed on the 27th of April because they didn't get March premium while on the statement it shows that it was debited
2. On the previous email from BILQEES CARELSE it was said my policy lapsed on the 3rd of April
3. While the consultant that called me after my complain that I see on my portfolio it said inactive she said it was cancelled on the 24th of April.
Now all this doesn't make sense to me it seems everyone now just guess what they want to tell me. I've been paying this policy for more than 10yrs now they feel like they are enough with my money they can just tell me my policy lapsed and there's nothing I can do to them.

That's how I feel now and going forward how will I know when I'm not long alive how are they gonna treat my kids and mind your I still have investment policy with them that I terminated and when its maturity comes will my kids be given what's due to them when or if I'm not around to fight for them.

HM
Handswell M's update29 Jun 2020, 16:08
Reviewer Update
Hi Coleen Aanhuizen I would like to thank you for investigating my case and came back to me with clear explanation on what happened. And I'm happy this matter was resolved to my satisfaction.