KB
Kailas B

1 reviews | Active since Jun 2011

21 Aug 2024, 10:47

Platinum Life asks too many personal details only for promotional strategy

I recently had an experience with Platinum Life that left me concerned. As part of their gifting/promotional strategy, they reached out to offer a gift and a R20000 free cancer cover for 6 months I think, which seemed like a nice gesture at first. However, the process concerns me in terms of the information they exchange and require for them to courier the gift.

To claim the gift, I was asked to provide highly sensitive personal information, including my bank account details, ID number, and other private data. This request felt intrusive and raised red flags for me. In today's world, where data privacy is a significant concern, asking for such information just to receive a gift seems unnecessary and even potentially dangerous.

It’s troubling that a company would ask for this level of personal information under the guise of a gift. This approach not only diminishes the goodwill that the gift might have generated but also erodes trust in the brand. I strongly urge Platinum Life to reconsider its gifting strategy and to prioritise the privacy and security of its customers. There is no need for you to know my what bank I bank with, what type of account it is, and my ID number for reference purposes (you can use my cell phone number as a reference for the gift delivery). And whether I earn more than R10000. This is unnecessary really! The explanation is that in case there is more promotional offers in future. Please, I will have this complaint on record cause if there is any ******* activity on my bank account based on the information I provided you, I will take the necessary steps.

Really, please reconsider the information you are collecting and the benefit to you.

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Replies (1)
Platinum Life
Platinum Life's reply21 Aug 2024, 12:24
Official
Dear Kailas, 
 
Thank you for taking my call and giving me the opportunity to discuss this matter with you.
 
At Platinum Life, we work strictly on a referral basis. Once you are referred, you may be contacted by our team. There are market research questions which you are asked, however, please keep in mind that you are in no way obligated to provide us with this information. These questions are our way of determining which of our products would best suit you. 
 
Our promotional gifts are completely cost and obligation free and is simply our way of introducing Platinum Life to you.
 
As we are a registered FSP and fully POPIA compliant company, we have systems and processes in place to safeguard your private information and our team will always be fully transparent about why certain details are captured. I appreciate you being so open about your experience and your suggestions regarding how to afford the needed peace of mind to anyone we contact. I will address this with my manager and our referral team. 
 
Please do not hesitate to contact me if there is anything else i can assist with 

Kind Regards

Simone Venter
Client Relationship Specialist & Client Care Supervisor