Question:
Good day my name is Juliet Joseph i have a funeral policy for 3years now with old mutual and paying R649 a month i would like to know do i loose all this money if i get retrench from work and would not be abele to afford it?
Answer:
Juliet, Unfortunately (or fortunately) we are 10X Investments, not Old Mutual, so you would have to check with them, or refer to your Terms & Conditions documents. But most insurance policies do not give you a refund when you cancel your funeral policy.
The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.
