ML
Mickey L

1 reviews | Active since Aug 2020

24 Sept 2025, 10:46

Sanlam dishonesty

Dear Sanlam,

I am writing to express my outrage and absolute dissatisfaction. I specifically asked for the Moderate Solution Fund, not an Endowment Policy for 5 years. I have never requested, signed, or discussed such a policy in my life.

How can Sanlam place my money into an endowment policy without my knowledge, consent, or signature, and then charge fees against it? This is not only ********* but also a serious breach of trust.

I did not ask for this, and I will not accept it. I demand an immediate explanation of how this happened, copies of all documentation bearing my supposed consent, and the reversal of this unauthorized policy.

This matter must be addressed urgently, or I will have no choice but to escalate it to the FSCA and FAIS Ombud for investigation.

Yours sincerely, M. L.

0
Replies (2)
Sanlam
Sanlam's reply25 Sept 2025, 07:26
Official
Good morning, Mickey

We are sorry to learn of your poor experience and have escalated the matter for assistance.

Regards
Sanlam Client Care

Best regards,

Sanlam
Sanlam's reply26 Sept 2025, 13:54
Official
Good afternoon, Mickey

We have received feedback that you are being assisted with this matter.

Regards
Sanlam Client Care

Best regards,