Absa
Financial plan

Business & Finance

I took out a investment policy in 2003.01 scheme code 6006983 premium amount R120.93, I was told that it was an investment that will mature after 10 years, I was told my returns will be r30k at maturity. I got a call from Metropolitan in 2011 and I was speaking to 2 white ladies, then I asked if I could speak to somebody that speaks my language I then spoke to Lesego who confirmed that my investment will be maturing in 2013 and the proceeds will be paid into my bank account. This year in March I got a sum of r362.79 into my bank account. Upon my inquiry I was told that it was a funeral cover that has lapsed and there won't be any benefits if something is to happen to me. I then went to Metropolitan offices in Pretoria I was sent from pillar to post and I was told that I was misinformed at the inception of my policy and as an elderly black widow I feel I was ripped off. What I would like to get is my money back plus interest please as I was advised at the branch when I took out the plan.


Company: Absa
Country: South Africa
City: Pretoria north
  <     >  

RELATED COMPLAINTS

Momentum
Efusal by momentum to pay for investment

Absa
How the bank steals from the elderly

Old Mutual
Life time investment

Metropolitan Life
Two months later and still no refund

Metropolitan Life
Termination of My Policy

Metropolitan Life
Metropolitan continue debiting account

First National Bank
Advised incorrectly about the investment account

Metropolitan Life
Metropolitan not deducting twice in a row!!!

Metropolitan Life
7405165501085