Johannesburg - Life insurer Momentum on Monday stuck to its guns over a rejected life cover insurance payout to a client who had not disclosed a pre-existing condition despite it not being related to his death.
The insurer said it would open a big can of worms and prejudice existing clients if it were to pay the claim.
This comes as Momentum declined an application for a R2.4 million life insurance payout for Durban resident, Nathan Ganas, who was killed in a hail of bullets trying to protect his wife, Denise, during a hijacking in the driveway of their Shallcross home last March.
Ganas' claim was declined by the insurer on the grounds he had not disclosed that he was diagnosed with raised blood sugar levels which may have occurred before he completed his application for the policy in 2014.
This past weekend, Momentum contended on social media with users expressing their disappointment over the insurer's rejection to pay the life cover. In a lengthy statement, Momentum said it was truly sorry for Ganas' tragic death and also had sympathy for the views that the cause of death was not related to the non-disclosure.