Policy Documents

CathJ

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Nov 2, 2005
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I'm fuming. I saw that Outsurance has started doing Life/Death/Disability/Dread Disease cover, and I read their policy document (which you can download off their website), and it looks good. So I wanted to compate their policy to the one I currently have with Momentum.

So I look around the house, and can't find my policy document. And I start wondering if they did ever actually post it to me, or if I've just lost it somehow. No problem, I think, I'll log on to their site and find it. But even though I can see all my policy details (beneficiaries, monthly payments, etc) I can't find the actual policy document - the terms under which I'm covered, what I can claim for, etc.

So again, no problem, I think. I'll ask them to email me a copy.

Except that I get a reply saying that they sent me one when I took out the policy, and they won't send me another one unless I fill in their form, get it signed by a commissioner of oaths, and send them R100!

That is absolutely insane! They're saying that I cannot find out what I can claim for, without paying them R100. It's not as though there's a free online version, but I can pay for a hard copy - nope, I have to pay R100 just to see my contract.

Surely this can't be legal?! (And it's certainly not good customer service - if i wasn't seriously considering outsurance before, due to the mission involved in switching, I certainly am now!)
 
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Bull***t. We (other insurer) never charge for queries and send documents free of charge.

Plus no commissioner of oaths crap.
 
Call again. The Momentum call center consultant most likely thought you required the documentation related to your specific policy, i.e. containing your personal information etc, and what would be used to ascertain value out of that policy or cede that policy to a bank or etc - in which case you should be very glad they have a lot of loopholes to jump through.

Just call and ask for the generic policy documentation related to the specific product you have, and I am pretty sure they will give it to you.

BTW; Momentum and Outsurance are both members of the FirstRand Group (at least for now).
 
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