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Xolile N

1 reviews | Active since Aug 2024

04 Aug 2024, 14:21

Unpaid LIFE Cover of Old Mutual

In 2020 March,I took an insurance policy from Old Mutual for my sister Mandisa, this policy was for an immediate cover and it was also a green light product which I signed with Mr Kasibe who was a rep under Mr Siphamla broker for Old Mutual. The 1st payment was on 18 April and the 2nd one was on the 15th of May 2020, unfortunately my sister passed away on the 18th of May 2020,when I went to claim, they told me that the policy didn't exist, which left me confused and devastated because I was paying R1030 per month, I asked about them returning my premiums they never gave me a proper response about that and I never got my premiums back, Last month I got a call from Old Mutual asking me about the cover I took for my sister, the lady told me that these money that was unclaimed which was for the insurance policy I took in 2020 for my sister,she advised me to take a step forward about this because I told her about what I went through, this has left me with so many questions about how ********* and ************* Old Mutual is, I haven't received any payment from them. I am left with unanswered questions about this and Old Mutual is not willing to answer the questions I have and to also pay my money.

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Replies (1)
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Xolile N's update14 Aug 2024, 08:21
Reviewer Update
On the 4th of August 2024 I wrote a review regarding an insurance policy that I took for my sister back in 2020, Old Mutual did indeed contact me regarding the complaint but the company is being deceiving about the premiums I paid because they told me that the policy lapsed due to unpaid premiums, lucky I was the one who deposited the payments to their bank account and had kept the receipts from the deposits I made, this to me is proving once again that this company is disreputable and making me question authenticity of company because I took alot of policies from them and this is making me question the trust that I had put on them