King Price Insurance
Premium increase

Good day. I was just informed of your annual increase. I am aware that your policy states that there would be an increase but if you look at the graph on your web page: [URL Removed] depicting your insurance decreasing price model, it clearly shows that even though the premium does increase annually, the amount is still lower than the original starting point. Why then, did my premium increase from R682.84 at the beginning, to the new amount of R706.72.By this logic, even if my premium decreases by a few rand every month, it will continue to increase annually which completely contradicts your "price decrease" model. This "annual increase" is the exact reason why I cancelled my previous insurance and joined King Price thinking your company would be different. Clearly I was wrong. Should King Price insist on increasing my premium to this amount, I'll have no choice but to move elsewhere

Company: King Price Insurance
Country: South Africa

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