1. TOOK OUT INSURANCE 2 YRS AGO
2. HAD THE MISFORTUNE TO CLAIM FOR 2 HOUSE BREAK-INS AND A VEHICLE REPAIR
3. HAD HOUSE ALARMS FITTED WITH ARMED RESPONSE SERVICE AND INCREASED HOME SECURITY TO MITIGATE SIMILAR EVENTS IN THE FUTURE (TOTAL COST TO MYSELF R16, 000)
4. DISCOVERY INSURE HAS NOW INCREASED MY PREMIUM BY 50% (AN EXTRA R1000 PER MONTH):-
4.1 60% ON THE VEHICLE WITH NO CLAIMS HISTORY
4.2 43% ON THE VEHICLE THAT HAD A REPAIRS CLAIM
4.3 38% ON BUILDING (WITH 6% INCREASE IN SUM INSURED)
4.4 51% ON HOME CONTENTS (WITH 6% INCREASE IN SUM INSURED)
4.5 77% ON SPECIFIED ELECTRONIC EQUIPMENT (SUM INSURED STAYED THE SAME)
4.6 52% ON SPECIFIED CAMERA EQUIPMENT (SUM INSURED STAYED THE SAME)
5. DISCOVERY INSURE HAS REFUSED TO ACCEPT MY OBJECTIONS AND COUNTER ARGUMENTS TO THEIR 'POLICY' OF LOADING 'PROFILED' CLIENT PREMIUMS DUE TO 'UNDERWRITING' DECISIONS, AND 'SHORT TERM' INSURANCE POLICY
6. I MADE MY DECISION TO TAKE OUT INSURANCE WITH DISCOVERY DUE TO THEIR STRONG BRAND NAME AND TO CONSOLIDATE PRODUCTS (CURRENT LIFE AND MED AID WITH DISCOVERY).
7. I SEE NO OTHER OPTION BUT TO CANCEL THIS INSURANCE AND LOOK ELSWHERE FOR AN INSURANCE COMPANY LOOKING FOR ON A LONG TERM RELATIONSHIP
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