PM
Percy M

1 reviews | Active since Jun 2021

02 Mar 2022, 10:31

No more value for money

PMD Cover growth that I have been promoting and raving so for the past years is No more that cover that offers value for money. New conditions like paying excess of R5000 is one of the major draw backs among others. It is the norm to pay excess with certain insurance but when it comes to savings it's not on. You build up your savings and most so pay excess. Discovered this recently with my claim on one of my vehicles. The competition offer much better deals now. PMD is no longer value for money. Shop around. I don't want to mention company names here. Watch this space for recommendations of reputable companies that offer value for money. Percy Martin

0
Replies (2)
Prime South Africa
Prime South Africa's reply02 Mar 2022, 13:05
Official
Dear  Percy M,
 
Thank you for taking the time to raise this matter with us.  

We have located your policy and commit to providing preliminary feedback within 2 business days. 
 
Assuring you of our continued best endeavours. 

Kind regards,
The PMD Team 
Prime South Africa
Prime South Africa's reply04 Mar 2022, 14:37
Official
Dear Percy M,
 
 Thank you for your post. 
 
We are surprised by your feedback as we only offer insurance products and not saving accounts. As you rightly state, it is standard practice for insurance products to be reviewed and have excesses. 
 
After careful evaluation of our insurance products, we have found that exciting improvements needed to be made to ensure our policyholders receive the best possible value, more benefits and excellent service support from us – all the while maintaining our industry-leading premiums! 
 
Our Market Conduct Team has confirmed that they have been in contact with you and will provide you with comprehensive feedback on your matter. 

 It will no doubt delight you to learn that PMD provides a range of affordable insurance products with greater benefits and limited exclusions to accommodate the pocket and needs of everyday South Africans. Obtaining a quote is quick and easy and can be done through our user-friendly website at www.prime.co.za.
 
Assuring you of our continued best endeavours on your behalf.
 
Kind regards,
The PMD Team