Three funeral homes investigated over sale of policies
By admin - 20 January 2014
THREE Eastern Cape funeral homes being investigated by the Financial Services Board (FSB) for illegally selling policies could face a fine or have their licences suspended if found guilty.
The three are part of a group of nine funeral services providers under investigation nationally.
Speelman Family Funeral Home in Zwide, Port Elizabeth, Abomelezi Funeral Services CC in Elliot and Holy Cross, in Coldstream – a village in the Tsitsikamma area – were recently named in the list of illegal operators, with the FSB cautioning the public to be careful when choosing a funeral policy.
FSB spokeswoman Tembisa Marele said they would decide what action to take once the probe was complete.
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