Business / Companies
Zimdollar policies are still valid, says Doves
26 Aug 2013 at 04:30hrs | Views
A FUNERAL firm, Doves Funeral Assurance, has offered its clients still holding on to Zimdollar policies a lifeline as it said the policies are still valid and would be honoured.
It was not immediately clear yesterday how many people still have Zimdollar policies with the funeral firm.
Most businesses and clients were adversely affected when the government adopted the multi-currency system in 2009.
In a notice, Doves said affected clients must reactivate their policies.
"This note is addressed to Doves policy holders particularly those whose policies are paid up and those who had Zimdollar policies and had not yet opted to reactivate them.
"As advised before, all valid claims on paid-up Zimdollar policies would be honoured in line with terms and conditions as set out in your policy documents.
"There are some Zimdollar policies that had not matured and had been left to lapse.
"This is unnecessary loss of value. We urge all those with lapsed Zimdollar policies to call or come to reclaim their value by reactivating their policies," part of the statement reads.
It was not immediately clear yesterday how many people still have Zimdollar policies with the funeral firm.
Most businesses and clients were adversely affected when the government adopted the multi-currency system in 2009.
In a notice, Doves said affected clients must reactivate their policies.
"This note is addressed to Doves policy holders particularly those whose policies are paid up and those who had Zimdollar policies and had not yet opted to reactivate them.
"As advised before, all valid claims on paid-up Zimdollar policies would be honoured in line with terms and conditions as set out in your policy documents.
"There are some Zimdollar policies that had not matured and had been left to lapse.
"This is unnecessary loss of value. We urge all those with lapsed Zimdollar policies to call or come to reclaim their value by reactivating their policies," part of the statement reads.
Source - southerneye
