Standard Bank
15 years the premium went up but payout still the

My mother got a funeral policy about 14 years back. each year they increased the policy payment. (She started on R30) now she pay R72 and she still get R10000 payout. What happens to the money they from pensioners.

If your premium go up yearly your payout must increase yearly.

Please explain the.

Company: Standard Bank
Country: South Africa

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