Old Mutual pays out murder victim's policy in full

New information received on Brent Kruger's medical history has put them in a position to reassess the claim, Old Mutual Protection Product Head Jaco Gouws said.

Kruger was gunned down in gang crossfire and died on the spot.

Old Mutual initially refused to pay out on a claim on the 32-year-old's life insurance on the grounds that Kruger had an undisclosed medical condition.

Kruger's wife, Renei, was adamant her husband was diagnosed after he took the policy with Old Mutual and not before.

She said that after his diagnosis, a doctor advised him to change his lifestyle and he was told he no longer had that condition.

READ MORE: Old Mutual explains why it declined pay out on murder victim's policy

This new information means that the non-disclosure was not material as initially presented and therefore, the contract was valid.

Jaco Gouws, Old Mutual Product Protection Head

We are pleased to confirm that we will now pay the claim in full. We spoke to Mrs Kruger and shared our findings.

Jaco Gouws, Old Mutual Product Protection Head

We once again share our condolences and apologise for the stress this process has caused her and her family during a difficult time.

Jaco Gouws, Old Mutual Product Protection Head

This matter came to light when Dr Grant Munro, Kruger's doctor, called in on CapeTalk's Breakfast Show to explain how he felt helpless by Old Mutual's decision to refuse a payout on the life insurance claim.

Renei shared her appreciation and thanked CapeTalk and Old Mutual for helping her resolve the matter.

She says she will now be able to take care of her three daughters.

Renei shared with CapeTalk's Kieno Kammies that she has a little one on the way and that she only found out she was pregnant after her husband's funeral.

READ MORE: Non-disclosed medical conditions may not matter in death claims - Ombudsman

To hear the rest of the interview, listen below:


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Read More
Nondisclosed medical conditions may not matter in death claims - Ombudsman

Nondisclosed medical conditions may not matter in death claims - Ombudsman

32-year-old Brent Kruger was gunned down in gang crossfire but his life policy was denied by Old Mutual.

Old Mutual explains why it declined pay out on murder victim's policy

Old Mutual explains why it declined pay out on murder victim's policy

Widow Renee Kruger, says the insurance company is stating matters unrelated to cause of death as its reasons for refusing payout

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They’re called “slashers”, and they’re doing so for various reasons, explains Old Mutual Research Manager Lynette Nicholson.

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Slashers are people who have some sort of additional sideline business or another job, while permanently employed.

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The 49-year-old tennis legend once had a personal fortune of £100 million.

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This is according to the Old Mutual 2017 Savings and Investment Monitor which looks into saving and investment behaviour.

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