Insurers form consortium to provide free cover for COVID-19 health workers

As part of its response action and to support government efforts towards containing the Coronavirus (COVID-19), the Nation’s insurance industry has formed a consortium to provide free cover for all heath workers involved in managing the pandemic across the country.

The insurers under the umbrella body of the Nigerian Insurers Association (NIA) said the cover will offer death benefits to the tune of N1 million, permanent disability to the tune of N1 million.

This is as the NIA has also ordered for COVID-19 kits worth over N100 million for donation to the NCDC that will be used by the health workers to make their job easier.

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Tope Smart, chairman of the NIA who made the disclosure during a press conference in Lagos said the Association has already contacted the government, the Nigerian Centre for Disease Control (NCDC) and the Ministry of health to get the data and number of health workers engaged for the exercise nationwide.

Modestus Anaesoronye

Modestus Anaesoronye is a leading Nigerian financial journalist with over two decades of experience reporting on the insurance and pension sectors across Nigeria and West Africa. He has held key editorial positions at major national media outlets, including The Comet, The Nation, and Financial Standard, and currently serves as a Senior Financial Analyst at BusinessDay Media Ltd. A widely travelled reporter, he has covered industry developments in more than 14 countries across Africa and Asia. Anaesoronye is a multiple award-winning journalist, honoured several times as Insurance Journalist of the Year and Pension Journalist of the Year by recognised industry bodies, including PensionScope and the Pension Fund Operators Association of Nigeria (PenOp), among others.