Axa Sun Life Reviews
Newest Review: ... a fixed return of 1240 pounds so he has already paid three times over and counting at the rate of 19 pounds a month. I understand this to be lawful (JUST ABOUT) but I seriously question the ethics involved. What kind of company sells a policy that is worth less and less after the first two years, is also targeting the elderly who like my dad come from a generation who think a large company and particularly one who advertises nationwide with celebrities must be the way to go, I pay his premiums for him as a pensioner he cannot realistically afford to but just to illustrate my case, he has asked me more than once ( shouldnt the policy be pa... more
Customer Axa Sun Life Reviews (20)
by Mr Angry - written on 25/04/12
My Mother has a Sun Life plan and has done for many years.As she is heading towards her 90's and looking very frail, we decided that it was time to look into her policy documents.WE COULD NOT BELIEVE WHAT WE WERE READING!!!!...My Mother had paid around £6500 over the years, but the cash ammount that will be paid out towards funeral costs when she passes on will be...£1500...UNBELIEVABLE!!...Read this AXA bosses...Please don't pass the buck and do of course continue to sleep well at night!...Now...where's Dom?
by - written on 22/01/11
I am an AXA customer and I am struggling getting my money.My life insurance was expiring in October 2010. Several months before the maturity date I informed AXA that I would terminate my contract when it matures.We are now end of Jan 2011 and I still do not have my money!Their employee are extremely incompetent. I have been dealing back and forth for so many months, sent so many times the same documents over and over again and still I do not have my money.They keep sending you to a different department and different people. It is a complete nightmare.Do not sign up with AXA. My recommendation.
by linda taylor - written on 08/10/10, updated on 12/10/10
My nana paid into sunlife £5806 over 23 years, paying £21 a month, she died last month, Sunlife sent a cheque for £1,100, my nana has been conned out of £4706, she was under the belief and frequently told us not to worry the money was there to pay for her funeral! how many other people have been led to believe they were covered by sunlife only to find out they were never going to recieve at death anything like the monies they had paid in? My nana was blatently misold this insult of a policy, they have robbed her of her savings and they have got away with it. On what basis they calculate what you recieve based on what you have paid in is not made public but is obviosly a form of daylight robery on a par with a door step lone shark. Rating 0/100
by e meichan - written on 15/09/10
my 93 year old mother has been paying £5 mth. into over 50 plan for 18 years (over£1000) she received letter recently stating value of policy £365!(1st correspondence in all those years) she thought she was saving towards funeral .this amount will not change no matter how long she continues to pay .she was so upset she decided to cancel and has ended up with £199 .HOW CAN PERSONALITIES SUCH AS MICHAEL PARKINSON PUT THIER NAMES TO SUCH EXPLOITATION OF THE ELDERLY!IT MAY BE LEGAL BUT MORAL AND FAIR ?I DO NOT THINK SO. THIS POLICY SHOULD COME WITH A HEALTH WARNING- DO NOT LIVE TOO LONG! AS BASICALLY THIS IS WHAT I WAS TOLD WHEN I COMPLAINED
by angry - written on 17/04/10
These insurances are a con they trap the elderly and should be against the law. What can you do what, ever you do you lose. Sun Life must gain in 90% of these cases it is extortion and should be stopped. They take advantantage of people who in most cases don't understand that they will pay in more than they can get back and if they cancel will lose the lot! So they keep paying. If you are thinking about it don't do it, put you monthly fee in a savings account relax and enjoy a long life. They are feeding off your fear.