ICT Africa Headline News

New Partnership to Insure Mobile Subscribers

07 August, 2014

Source: CAJ-News

 
By Henry Ifeanyi:

Lagos — LOCAL mobile network subscribers can now receive free mobile life and hospitalization insurance cover following a partnership between a network operator and two insurance companies.

Leading telecommunications company, Airtel, has partnered with MicroEnsure and Cornerstone Insurance to provide the service.

Speaking at the launch of the scheme, Airtel Chief Commercial Officer, Maurice Newa, said the product is in line with the vision of Airtel to be the most loved brand in the daily lives of Nigerians.

He explained that majority of Nigerians especially the middle and low income earners in Nigeria cannot afford most available insurance policies due to income levels and complicated insurance processes.

Newa noted that the Airtel Insurance plan on the other hand is designed to make affordable insurance available to everyone in a simple manner.

"In line with our vision to enrich the lives of Nigerians and offer them quality services, Airtel Nigeria collaborated with two very reputable insurance organizations to package this innovative product which guarantees our customers quality, affordable and accessible insurance services. This further corroborates Airtel's commitment towards creating a robust platform that helps customers accomplish their professional and personal success and goals in life," Newa said.


Regional Director for MicroEnsure Africa, Peter Gross said his company was excited to be partnering with Airtel in offering the mobile insurance provider.

Group Managing Director of Cornerstone Insurance Plc, Ganiyu Musa, welcomed the partnership.

"That we are grossly under-insured as a nation is very well documented. We are glad to be able to provide a platform for millions of financially excluded Nigerians to enjoy the benefits and peace of mind of insurance - for free," he said.

The free insurance offer is available for subscribers who recharge their phones with N1 000 and above.

It covers hospitalization as a result of natural and accident causes.


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