MM
Mahomed M

1 reviews | Active since Jun 2019

19 Mar 2020, 10:21

Beware: Inappropriate deceit outsurance overcharging me monthly premiums upon claim they paid me quarter.

Inappropriate deceit outsurance overcharging me monthly premiums upon claim they paid me quarter. Have been insured outsourced value for 10k and being paying premium of R559 every month with the excess of R1550. However upon a claim they have devalued the item to R3159. They no longer insure the product at 10k yet the access remains the same. Cannot understand the catch 22. Yet one is been with them for years and they never enlighten you as they quick to collect my annual premium and deceived upon a claim.

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Replies (1)
OUTsurance
OUTsurance's reply20 Mar 2020, 12:55
Official
Good day Mahomed,

Thank you for your feedback. We escalated the matter to our claims manager Isabel.

Isabel contacted you to address your concerns and she discussed the sum insured in detail with you. She also informed you that the excess is a flat rate excess and not a percentage based excess. 

Please note we will always put you back in the same position you were prior to the incident occurring. 

We do apologise for the disappointment.

Regards,
OUTsurance