BT
Ben T

1 reviews | Active since Jan 2013

27 Mar 2015, 01:40

Elapsed 14 days to get feedback on CoverPlus claim

My previous Hellopeter complaint on wesbank's specialized collections has reference.<br> <br> I received an sms from wesbank in response of my previous hellopeter complaint with details of the person dealing with my claim.<br> <br> I called the Representative and it was communicated to me that if my comprehensive insurance didn't approve my claim then they cannot activate the CoverPlus (shortfall) policy, however the third-party insurance did pay out a settlement amount and sent documentation indicating the vehicle is Beyond Economic Rapair thus written off, so I requested that the shortfall cover be activated and I was told that it takes 14 days for the claim to be finalised and so far 14 days have elapsed and I'm struggling to finalize this issue which paused my life since I'm currently paying monthly for a Written off vehicle that is Beyond Economic Repair which hinders me from financing a different vehicle. The Settlement amount received from the third-party insurance is already paid into the Vehicle financing account and is reflecting on balance request.<br> <br> This slow service is affecting my life badly and I didn't expect this from a reputable banking establishment.

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Replies (1)
WesBank
WesBank's reply30 Mar 2015, 12:14
Official
Hello Bentlaka,

Thank you for bringing your frustration to our attention and affording us the opportunity to respond.

We have made telephonic contact with you to advise that the claim has been submitted to International Underwriters and we are in communication with them in order to finalise. We will keep you updated until fully resolved.

We trust you find the above in order.

Yours faithfully,
WesBank