Net1 has applied to put its subsidiary Cash Paymaster Services into business rescue following the loss of the social grants payment contract. https://t.co/NWoBclpTg0
@CapeTownTrains is staying silent the way you assist your passengers? "We’ll be assisting you with your early commute from 05:30- 09:30" #BeTrainSmart#TrainTalk#brandfail
@CapeTownTrains what is the function of the info boards on the stations? also, make me understand the meaning when operational info boards state ON TIME, but train is a no show.
So an insurer like @Momentum_za et al have time, expertise & tenacity to snoop around AFTER you die (cause unrelated to your health)..but they don't have commitment to conduct SAME rigorous test before they approve your policy? Oh, them finding out BEFORE, means less 💰💰💰
@ThuliMadonsela3@Momentum_za Technically they are correct & that is what the ombud ruled on. BUT, if they did this chk at inception then #nathanganas would have had a opportunity to apply to another insurer. THEY gave him a false sense of security. @ThuliMadonsela3 HOW do we fix this? https://t.co/4MbsuOz7GB
how did they determine "failed to disclose"? WHY not do this chk at inception? Does not make money sense to ALL OF THEM! @Momentum_za#brandfail#nathanganas Insurance ombud needs to right this wrong for ALL. They did not afford him the opportunity to apply for another policy.
[MOST READ] Financial services provider @Momentum_za is facing backlash after it declined to pay R2.4 million to the family of a man who died in a hijacking, saying that he failed to disclose his high blood sugar levels. https://t.co/3FFcP8Xz0J
@Momentum_za "we require full disclosure" at inception right? HOW did you determine after the fact the details he did not disclose? WELL why did you not do this chk at the inception, SAME COST, right¿ SAME INFO, right¿ #brandfail#nathanganas
1/2: We are very sorry for the tragic death of Mr Ganas. Our principle is to consider all facts at the start of a policy for which we require full disclosure of all material info. Unfortunately the client did not provide this.
@momentum_za forget about your FAQ's, here is a QUESTION, Why did you not do the health chk's at inception of policy? BECAUSE? because it does not make financial sense to you. It costs the same upfront as after the fact. #brandfail ongoing conversation se voet. #nathanganas
In light of the ongoing conversation, we would like to address some of the questions. Click here to view the FAQ’s we have prepared: https://t.co/2YWi9lexch #Momentum
your doctors visits, prescriptions, etc all reside on a database or 3. Insurers have access to your health history. They can even chk at policy inception but that does not make money sense to them. @Momentum_za#brandfail
#nathanganas@Momentum_za will win on technicalities but THIS IS WRONG. insurance ombud shud force these insurance giants to do the chk's at inception. it is no more expensive than after the fact. Paying back the premiums. wow they should nominate you for something #brandfail pt2
Ask @Momentum_za how quickly they determined #nathanganas did not disclose "raised blood sugar" they would say a few minutes and some keystrokes after death. WHY not do this chk at policy stage? It's in their best financial interest to do it AFTER. Pt1 ...
They are willing to accept premium (no questions asked) until the day you claim then they will find reasons not to honour it. @OldMutualSA eventually buckled https://t.co/4MbsuOz7GB @Momentum_za and other insurers need to CHANGE - #nathanganas
Life insurer rejects R2.4m policy for blood sugar non-disclosure
Shallcross resident Nathan Ganas, 42, was killed in a hail of bullets trying to protect his wife, Denise,... https://t.co/gpJSugqpRs