AfricaComplaints.com » Business & Finance » Complaint / review: Liberty Life - No benifit from a RA policy | #95465

Liberty Life
No benifit from a RA policy

I enquired about my RA at liberty life in case of retrenchment or if I were to resign. Shockingly I was told that I receive nothing back if I were to cancel my policy. I find this appalling and unacceptable. This means that the thousands of hard earned money I've paid over the years into this policy was for nothing. Surely if I can't afford a policy, I would think that I'm not the sole looser. Shockingly. I would like a response or I will be forced to take this further.

Cancellation of the policy

Upon cancellation there are no refund of premiums. The policy is a risk plan and does not have an investment benefit to it. You will forfeit the premiums paid as well as the benefits.

Unfortunately you cannot put a hold on the policy. Premiums will have to be paid to date on a monthly basis to prevent it from lapsing.

If you need more information

Please call us on 0860 456 789 or 27 11 408 4871 or email [Email Removed]

Date:

Company: Liberty Life

Country: South Africa   City: Cape Town

Category: Business & Finance

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