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Cape Argus (Digital)

Cape Argus (Digital)

1 Issue, 2025-03-17

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KZN woman loses R6m life insurance claim

KZN woman loses R6m life 
insurance claim
NOT disclosing all the material details when applying for a life insurance policy can have a dire effect, as a KwaZulu Natal woman discovered after she lost out on R6 million as the beneficiary of her late mother’s policy, when it emerged her mother did not disclose all when she applied for the policy. Viantha Naidoo turned to the high court sitting in Durban after Discovery Life refused to pay the R6m. The policy was taken by her late mother, Sandra Naidoo, who died of natural causes. Upon the death of Sandra Naidoo, the plaintiff sought payment from Discovery in accordance with the contractual terms of the policy. However, Discovery notified her that the claim was rejected. According to Discovery, the contract was declared void because Sandra Naidoo misrepresented her…
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Cape Argus (Digital) - 1 Issue, 2025-03-17

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