Don't trust TruLogic, especially not with any type of savings

In 2002, Marius Truter at TruLogic convinced my husband to cancel his Sanlam retirement policy in favour of a Momentum Whole Life policy with endowment, claiming that the payout would be so much higher. TruLogic subsequently cancelled the Sanlam policy on his behalf and sent the Whole Life policy to Momentum for processing. However, before doing so, TruLogic removed the two pages related to endowment and Momentum thus has no record of the endowment section - this means that, despite paying a ridiculously high amount for pathetic joke insurance, our entire retirement savings are GONE, and we do not have other savings between us! This means that we cannot EVER retire and will be working until the day we die!!!

We are taking this further, but our lawyer informs us that having others with the same problem would make the process MUCH faster and significantly up our chances of winning the court case. If we can get a bunch of others who have the same problem with TruLogic policies, the lawyer is prepared to work on a contingency basis (we don't pay them unless they win).

Furthermore, while Momentum has Marius Truter from TruLogic listed as the original broker, Marius insists that he was not the original broker - easy way to get out of accepting responsibility for the fact that he was caught out because my husband refused to cancel the policy a year before payout date as TruLogic tried to convince him to do.

If you have any policies brokered by TruLogic, even if the policy is not with Momentum and is not the same type of policy, please check that your savings section is actually what you think it is. If you find that TruLogic has cheated you the way they have cheated us, please get in touch with me urgently on shadowfire13 @ gmail .com (even if you have already sorted it out - any evidence that this is their habit will be helpful to us).