0000054950 00000 n Our credit offer includes FREE retrenchment and death cover: *For loans 6 months and longer, your outstanding balance will be paid in full *If you're retrenched when the loan is less than 3 months old, 50% of your loan will be covered *We pay for this cover and the money will be paid to us to settle your outstanding debt Insurance Retrenchment claim Good day, I submitted all documents for insurance due to Retrenchment in June 2020 to the Capitec Insurance department. When I took out the loan, I was told that it will cover me for retrenchment. 0000028769 00000 n /Tx BMC 0000037896 00000 n 0000032079 00000 n An overdraft is a good safety net to have in place to cover those unforeseen expenses that might occur. 0000028428 00000 n 0000056934 00000 n 0000018281 00000 n Retrenchment is often unexpected and unavoidable. 0000014824 00000 n Straightforward cover. The consultant confirmed that retrenchment office failed to communicate with them on time about retrenchment assessment letter and that's the reason I didn't get it in november 2015. Unemployment/unable to earn an income cover assessment Name of Employee: Identity Number: The above-mentioned person is the policyholder of a Capitec Bank Credit Insurance policy. 0000032584 00000 n Increase your cover by 20% without additional underwriting every three years, subject to a negative HIV test. Nedbank Retrenchment Insurance will help you pay any credit commitments you may have while you're unable to earn an income. Home Owner's Cover Home owner's cover will provide comprehensive cover should an unforeseen event cause loss or damage to your property. Capfin 2 Debit Orders. The consultant who submitted documents last year, also called retrenchment consultant on the same day who confirmed that retrenchment assessment letter and payslip are missing. Retrenchment Cover is a way to safeguard your income. Members have the option to convert or continue their death cover. 0000020934 00000 n FMI offers holistic income protection for individuals and groups, providing cover for temporary disability, long-term disability, and death. 0000016318 00000 n endstream endobj 106 0 obj <>/DA(/Helv 0 Tf 0 g)/DR<>/Font<>>>/F 4/FT/Tx/Ff 4096/P 82 0 R/Rect[385.08 189.96 566.76 244.32]/Subtype/Widget/T(Company Stamp)/TU(Company Stamp)/Type/Annot>> endobj 107 0 obj <>/Subtype/Form/Type/XObject>>stream 0000015727 00000 n endstream endobj 94 0 obj <>/DA(/Cour 0 Tf 0 g)/DR<>/Font<>>>/F 4/FT/Tx/Ff 25165824/MaxLen 31/P 82 0 R/Rect[123.48 388.2 568.08 402]/Subtype/Widget/T(undefined_2)/TU(undefined)/Type/Annot>> endobj 95 0 obj <>/Subtype/Form/Type/XObject>>stream EMC 0000039632 00000 n In July 2020 I followed up as I had recieved no response, they stated that they have not received my email therefore I resent the email and cc'd in my mom to ensure that my email was working correctly. Capitec also offers unsecured loans for cars, meaning you won’t use the vehicle as security for the loan; cover … H‰¬W[oÜÆík÷WÌ#Y”ÔÜghj[0’ Retrenchment, unemployment or inability to earn an income Cover Assessment form; Retrenchment letter; Certificate of service; Copy of your identification document; Your latest salary slip; UIF UI19 form may be requested if additional information is required; You have 3 months from the date of notification to Capitec to submit the required documentation. 0000032500 00000 n negatively impact your income, for example, retrenchment, critical illness and even maternity - to provide you with unparalleled protection. Prior to my retrenchment which was mid November I contacted their customer contact center nd spoke to a consultant whom I asked if I had credit life insurance for retrenchment. EMC EMC I then approached both lenders to seek activation on the insurance cover as I was now unemployed. EMC All rights reserved. Retrenchment insurance as a Benefit. Capitec Bank - unauthorised withdrawal of r2000.00, Capitec Bank - all my bank accounts are frozen by capitec bank, Capitec Bank - negligent staff - silverton, Capitec Bank - complaining about the loan, I took in 31 march 2018, it seems as if it not moving after a year of payments. Retrenchment Cover, Tax Planning, Retirement Planning, Bussiness Assurance (Contingent Liability Plans), Education Plans, Collective Investment Schemes (Unit Trust and Exchange Traded Funds). A week before I gathered all documents required for retrenchment claim on my loan with Capitec Bank (NCRCP 13),I went to different branches of Capitec to ask their exact process with retrenchment claims as I have an existing loans. I was retrenched on the 30th November 2016. Age 60 in fixed monthly repayment amounts help you budget ahead of time company will be closing down a! That they have recently become unemployed or are unable to earn an income: Author... capitec Bank 2014! 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