Old Mutual SA Bewertungen 

I've asked for my money from cancelled policy, however ive got stories 3 call

One of the worst

I invested in a tax-free investment with Old Mutual and requested a withdrawal of my funds on 19 January 2025. I was informed that the process would take 3–5 working days. However, after the specified timeframe passed, I received nothing.

I followed up via email and was assured that the refund would be processed, yet I still have not received my money. The lack of timely payment and clear communication has been extremely disappointing and frustrating.

As a client, I expected better service, transparency, and adherence to the timelines provided. I hope this matter is resolved urgently.

Very horrible service.They call me atleast 10 times a day for the samething,I had to block all their numbers.I spoke dozens of their people including managers and no one could help .I have call recordings to prove it.Some of their agents hang up on you.In December 2025 they did not take payments and I had to call them to remind them ,they promised it would not hit my score but it did I called to get this fixed they still hung up on me.I've settled my loan and would not recommend anybody to do business with these people.

I am writing to formally express my dissatisfaction with the extremely poor service and lack of communication I have experienced regarding my request.

I have sent multiple emails to Ms Shanaaz Scholtz, who was identified as the Senior Administrator for customer complaints. I was assured that my query would be addressed within four days. Regrettably, this timeframe has long since passed, and I have received no feedback or meaningful update whatsoever.

In addition to the lack of email correspondence, I have also been unable to reach anyone via your telephone lines. This is particularly disappointing given that I have clearly communicated the urgency of my matter on several occasions.

The absence of communication and failure to meet the promised response timeframe is unacceptable and falls well below reasonable service standards. I expect an immediate update on the status of my request and a clear indication of when this matter will be resolved.

Should I not receive a response promptly, I will have no option but to escalate this matter further.

I look forward to your urgent attention to this issue.

This is not a service provider, it's a call centre torture chamber of doom. Just wanted a disinvestment button. Like why do I need to be a show pony to access my money?

Old Mutual agent lady that was assigned to help me on the phone lack communication skills and had a nasty attitude I didn’t even get the help I wanted regarding my provident fund because she was busy being sarcastic instead of just getting straight to the point of why my provident fund was not equivalent to the money I claimed

Its has been over 10 years despite me making changes to my old contract this has not been corrected. Furthermore when you call the client services they do a fault finding to find you as the person making the errors. I have personally went to their office in Pinelands in 2017 and again in 2019 to make the same changes which was never corrected and again in 2024. I had a person who called me and spent all my time and still was not able to respond and she put the phone down. I called today and they subsequently could not find my contract and when using their WhatsApp services it shows no contract available, yet I have 2 contracts. Old Mutual client services is appalling and they do not make any effort to correct their mistakes or take ownership. Its has been over 15 years trying to correct my details.

My husband passed away on 3 January. Submitted 6 claims to different companies. All the monies from all other funeral companies paid out in 72hrs still not heard a word from old mutual. Will be canceling policy as soon as monies paid out. Never had more pathetic service. When I read the reviews, I realize I am not alone.
Sis on your Old Mutual

My bank account has been blocked for 2weeks still no feedback an im so frustrated please let the fraud department phone me asap

Old Mutual, you can not be serious about the 'added security' feature on your registration process. I am not able to register without Old mutual needing to violate my privacy and security via my camera first? ARE YOU KIDDING? You need a photo before I can register? Keep your registration. I don not need your products.

For a request that ought to be an easy and straightforward procedure I have received no response no resolution and no respect after numerous emails and months of silence
Their disregard for fundamental communication and consumer care is terribly disheartening
This is a total breakdown of trust not just subpar service
If you value transparency, accountability and quick help stick to Luk-nor I can promise you that service I received today was top notch!

Zero response to all of their own channels to get a RA quote/ any information on RA's.
I think the worst municipalities in SA are better at service delivery than Old Mutual - they sit on client funds as if they own them and extract fees for zero service.

I see the new CEO has been offered a R300m bonus if he can get the share price to R20/ share.
I am sure that this is possible if you are a one way funnel to extract value from policyholders.

No shame.

took out travel insurance, but when i finally got hold of them (only poissible with normal telephone line, no whatsapp or anything, and all i had was date, ) after an accident in nambia, and asked to call me back on whatsapp, nothing happened, i was just ignored. these sort of companies shouldn't be allowed to operate and rip you off

EXTREMELY DISSATISFIED WITH THE ASSESSOR AND HOW OUR CLAIM WAS HANDLED

We decided to file a complaint through our broker, this is what we've experienced:
I am writing to formally express my profound dissatisfaction with the service delivery related to my insurance claim, which has now been pending for over 2 weeks without resolution. This unacceptable delay has caused significant distress, given the urgent nature of the issue at hand which is a septic tank that is exposed and leaking in the front lawn. The formal complaint is about the Assessor Ronel Oustehuizen that has been allocated to my claim. This situation poses a few questionable scenarios that took place on the 7th November 2025..the following are the concerns I have.

At 08:27 on 07/11/2025 myself and Ronel engaged in a telephonic conversation and many things were discussed and it was communicated to me that another Plumber, this time a specialist, needed to attend to our claim in person. This is after a certified plumber appointed from Old Mutual's panel was just sent out previously on 03/11/2025 and his report did not meet Ronel's standards.

At 08:45 and mid conversation she put the phone down and refused to answer my calls until 09:04 when she called me back using whatsapp. This call was concluded with her saying she will find a plumber today, she called me back at 10:13 but I missed her call at 10:16 I returned her call and was informed that the “plumber has now cleared his schedule to help me with this urgently and we will be at your gate by 13:00 on the 07/11/2025 but we will leave a bit earlier to avoid traffic in Kaaimans".

I was grateful but also then immediately suspicious as it was said this specialist cleared his schedule to assist me and was appointed to the claim all within just over an hour and that they will be at the property by 1pm. By any standards this is uncommon turnaround time for any business private or government, which leads me to believe there is a sort of personal relationship here and therefore decisions taken are not impartial and not based solely on facts.

Upon arrival the plumber (Charles) and his assistant (a.k.a Chocolate) introduced themselves to us, as chocolate his assistant was using a bucket to scoop out the waste water from next to the exposed Septic tank in question, Charles informed me in casual conversation that his son is actually the septic tank specialist and was currently working in New Zealand as the remuneration is better that side. I informed Charles that we found a hole and a crack on the side of tank closest to the garden wall that as collapsed, after bad weather we recently had which was the reason we dug up and found a leaking tank, after their initial inspection they found a small hole on the opposite this of the tank to where I had pointed out we had stumbled upon the hole, I then again repeated that we found a hole on the other side but I was either ignored or just dismissed, it was not until our gardener “Simon” was called by me and confirmed what I said was it taken as a point of concern. It’s only then when they found the hole that a video was made of and caused the above mentioned water and not due to their inspection but rather being pointed out by Simon and myself.
Charles said that he did not know what caused the hole they found or how old it is,but it was the reason for the foundations collapse and eventually caused the tank to split at the crack on the opposite side. The French drain was mentioned but we all agreed that the foundation that has collapsed was the furthest point from the French drain and uphill from it too.

Once the inspection was complete Charles mentioned that he needs to just make sure he words his report properly (that made me wonder to who’s benefit…) he then went on to oddly informed me of the processes the installer would need to take when replacing it, I found this very odd, as why would the contractor be informing me of what needs to take place whilst his the “specialist” on the panel who would need to do the installation… At this moment I felt his mind was made up that this claim will not pay and that I would need to source an alternate assistance. I was also made to feel like his attitude towards me became hostile when he ignored all my questions on his reporting to Ronel, I was asking for clarity to understand and for my personal records and he felt to ignore me as he did before thereafter only addressing Ronel until he packed up.

The entire experience was awful and very suspect, it seems like they will always try their utmost best to come to a conclusion that they WILL NOT PAY, instead of genuinely assisting their customers.

What a joke of a company.

Called them to request a quotation and was placed on hold for 20 minutes. This by the way is after the welcome message they have on their lines only cater to existing clients. Eventually spoke to someone who passed me on to someone else who passed me on to some other person who then put me back with the automated message that mentions nothing about new customers. If this is how they treat potential new customers I can't even imagine how they treat existing customers. Dodged a bullet.

I am tired of Old Mutual not resolving my fraud case I opened in June. They are not competent at all, the policy was not taken by me and R400 is being deducted from my persal from March this year. I have been going to your Uitenhage offices to get this issue resolved. I am reporting the company now I am tired.

I have been trying to get proof of payment for funds that I do not have access to unless I get the proof of payment and they have been dreading for the past 3 weeks

The worst service ever I have been trying to withdraw my funds since the 1st of October and still no luck and they expect you to figure it out yourself online, their portal doesn't work and nobody seems to help after numerous calls, I will not advise anyone to use them

I took a LIFE POLICY out more than 25 years ago. According to their proposed table, I paid by February 2025 an amount of R583 815.00, up to date an amount of R622 791-00 in total contributions. There was never a problem of any kind. At the moment my premium is R4872-88 per month.
Now all of a sudden, I got a letter that they reviewed my policy. According to them, it's an "OLD POLICY" and they offer me the following two options:

Nr 1. To maintain the same cover of R2,289,060-00, the premium will increase from R4872-88 to R10490-80 per month, more than 100% increase.

Nr 2. If my monthly contribution stays the same, R4872-88 per month, the REVIEWED COVER WILL REDUCE from R2,289,060-00 to R341,214-00. About 50% of my contributions over 25 years of loyal payments every month.

If a customer invests for so many years, we expect peace of mind and a well-deserved payout when we need it in your older days.

If you invest in a life policy, it will become an "OLD POLICY" sometime in future, if there is not a claim.

How can I recommend any young people to invest in policies at Old Mutual, if this is their attitude after 20/30 years of loyal customers contributions?

According to other Insurance Brokers, not one of the other Life Insurance companies treat their customers like this, or have financial problems, to make drastic changes in a company's payouts.