Insurance World

COVID-19: Health Workers, Volunteers In Lagos To Get N5bn Insurance Cover

BY NKECHI NAECHE-ESEZOBOR--Health workers and volunteers in the frontline against coronavirus in Lagos State will receive insurance cover of N5billion.

This is made possible by coalition of six insurance companies in Nigeria that the
premium covers medical, disability, incapacity and term life insurance for up to 1000 doctors, nurses, and other health workers in the state.

According to statement jointly signed by the Chief Executive Officers of Leadway Assurance Company Limited, Tunde Hassan-Odukale; Custodian & Allied Insurance Plc, Wole Oshin; Lasaco Assurance Plc, Segun Balogun; AIICO Insurance Plc, Babatunde Fajemirokun; Tangerine Life Insurance Limited, Livingstone Magorimbo; and Ark Insurance Brokers Limited, Kayode Awogboro.

The statement thus read: “We have collectively agreed and shall bear the cost of all premiums to make available a pool of funds of up to five billion Naira to settle all valid claims by healthcare workers and volunteers in Lagos State.

“We would like to take this opportunity to commend the bravery and appreciate the selfless services of our doctors, nurses and all the health and essential service workers who are working tirelessly to help combat this epidemic.”

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