RE: PREMIUM INCREASE
We hereby give 60 days notice of our intention to increase your premium with effect from 1 June 2020 in accordance with clause 3 of your policy terms and conditions.
Please take note of the premium increase amount as stated in the SMS sent.
Product reviews have indicated that the premium originally calculated is significantly below what it should be to accommodate the lives covered on these policies. Therefore a premium increase has been deemed necessary.
Lion Life is in no way seeking to recover previous losses with this increase. We need to do this in order to maintain your portfolio and to allow you as our valued client to continue your benefits at a premium that is still aligned with premium rates available in the market.
For a comparative quote please Whatsapp the word “Quote” to 060 906 5847 or call us on Toll free number 0800 333 465 and we will do a comparative quote on our current product offering with no waiting period for individuals covered under your current policy.
LionLife thanks you for your continued support and values our relationship. We appreciate your understanding in this matter.
Should you have any queries please do not hesitate to contact us.
Andrew Le Roux