hM
happy M

1 reviews | Active since Sept 2013

23 Oct 2025, 17:38

Broker collects premiums from clients and not passing it through to Rand Mutual Assurance

I have a funeral policy with Rand Mutual Assurance for more than three years. I am paying my premiums to the broker and he in return pays ii to Rand Mutual Assurance. On the 17th October 2025, I received an SMS from Rand Mutual Assurance stating that I had to pay three months premiums to revive.Immediately I sent them my bank history payments and they promised to phone me back. To date they have not done that. I spoke to the broker who said that the premiums were up to date. The customer services team said that the policy lasped

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Replies (1)
Rand Mutual Assurance (rma)
Rand Mutual Assurance (rma)'s reply24 Oct 2025, 09:58
Official
Hi Happy,

We sincerely apologize to anyone affected by issues with premium payments not reaching Rand Mutual Assurance. If your policy has lapsed despite making payments to a broker, please note agent will contact you to assist. 

Kind Regards