CS
Charles S

1 reviews | Active since Feb 2010

13 Feb 2023, 11:58

Claim and you become unprofitable!

Once you claim (the reason why you bought coverage) - apparently too many times or of a certain value? - Santam informs you they no longer want your business as you became unprofitable to them! Imagine! You are OK as long as you pay them every month and do NOT use the product you paid for - not acceptable and cover stopped!!

0
Replies (4)
Santam
Santam's reply13 Feb 2023, 12:04
Official
Good day,

Kindly provide us with your policy number to enable us to investigate this matter?

Kind regards
Client care
CS
Charles S's update13 Feb 2023, 12:42
Reviewer Update
Cancellation of Policy Please refer to Santam policy number ****** and in particular the General Condition pertaining to the said portfolio. Following careful consideration, we regret to advise you that the above mentioned policy will be cancelled effective 1 st March 2023. This unfortunate decision was made after careful evaluation in respect of premium vs profitability. We advise that you as a matter of urgency make alternative arrangements to ensure that your assets remain insured and in particular after the cancellation date. Yours sincerely Santam contact centre.
CS
Charles S's update13 Feb 2023, 12:43
Reviewer Update
I wouldn't like to display the policy detail in an open forum like this.
Santam
Santam's reply13 Feb 2023, 13:35
Official
The matter will be allocated and contact will be made with you.

Regards
Client care