Old Mutual
Scary service from old mutual

Business & Finance

I have a life policy with old mutual greenlight, i took this policy out in 2008 and the premiums is paid via salary deduction. Today i received an sms saying that i have a refund due to me, surprised, i called the number and was ad viced that my policy had lapsed and that the premiums that were deducted was to be refunded, i stunned to hear this, asked why, the agent explained that i had missed a premium in April and thats the reason why my policy had lapsed. At this stage i am thinking really, i have been paying you guys religiously and without any consultation you guys just cancel the policy and even though you still receiving premiums you would not even call and find out what is happening, i mean how much monies have i not already put into this insurance, i then called my HR just to find out that he next month i was double deducted and the policy should still be up to date. Now this is the scary part what if i had an accident last month old mutual would have said they cannot pay out because the policy had lapsed this is really scary.
The lady told me that old mutual did send a letter really with our post service thats so reliable???


Company: Old Mutual
Country: South Africa
City: South Africa
  <     >  

RELATED COMPLAINTS

Old Mutual
Incorrect Information

Old Mutual
Refund of premiums

Old Mutual
Policy lapsed after being debited

Old Mutual
Disapointed Client

Old Mutual
Very Very disappointed in Old Mutual

Old Mutual
I can't do star jumps, PLEASE REFUND MY PREMIUMS

Old Mutual
Still waiting and not happy

Old Mutual
DECEIVING INFORMATION

Old Mutual
Incompetence at it's best

Old Mutual
Old Mutual does not pay policy life benefit