Never trust Sanlam with your money

<p>I took a savings policy with Sanlam. To my understanding savings means you take out what you put in when you claim or want your money back but with Sanlam that's a different story. When you claim or want your money back they take a large percentage of your hard earned savings. I took a savings policy that debited 300 from my account for more 12months. The money I claim should amount to more than R3600 including interested but when I went to claim I was told I will be getting R2200. A difference of more than a thousand of my hard earned savings will be taken. Imagine how much money they would have taken if I took a larger savings policy. If you want to save money by taking a savings policy try a different insurance company or bank or stockvel but definitely not Sanlam.</p>