I had taken a life policy with Old Mutual in 2010, R802 p/m. I have recently lost my job and have a waiting period of 3/4months before my Pension fund is paid out. I spoke to a rep at Old Mutual about my options, I was told that if I don't make payment my policy will lapse and I cannot surrender it because it has no cash value. I have no icome at present and cannot make that payment. Your assisstance with this matter will be greatly appreciated.
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