Momentum on the ropes again

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  • South Africa

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Publish date 08 July 2019
Issue Number 668
Diary Legalbrief Forensic
After a year that saw Momentum embroiled in controversy for initially failing to pay a widow out from her slain husband’s policy, it has been rocked by fresh accusations of unethical practices by another customer. Durban resident Suretha Beeputh told ...

After a year that saw Momentum embroiled in controversy for initially failing to pay a widow out from her slain husband’s policy, it has been rocked by fresh accusations of unethical practices by another customer. Durban resident Suretha Beeputh told Fin24 that her mother, who is a client of Momentum, received a notification of premium arrears of up to R1 457 from the insurer for a policy she never subscribed to. The matter is set to be the subject of a court case. Sumintra Beeputh is seeking legal relief and Momentum has agreed to escalate the matter.