Finrite Insurance Administrators
Never trust anything from finrite

In late february i had my bank changed fron standard bank to fnb, so i went to standard bank to stop my debit orders with the bank as i wanted to close the account with them, all had been done by the consulted that was assisting me, i then thought that i would update my banking details with the people whom i wanted to debit from my account as per our agreement but it was already month end and i could not do so.on the 04.03.2013 my phone got from work and i called the insurance company and they told me that i must open a case of which i did, a few days later i had the documents send to them.on the 14febwhen i was busy checking my emails i found an email from the consultant of fin rite which says that Kindly be advised that the premium for the month of March was not received, therefore we need to wait for the debit to be collected in April. Also please be advised that the policy was stopped by the account holder, so I need to reinstate the policy. You will then be liable for 40% excess. What i dont understand is that you never miss a payment and when u change banks this is what you get from the insurance companies hence if it was stated on the policy that should you miss the prem