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COVID -19: Health workers recieve 15% Premium rebate from Wapic Insurance Plc on new policy uptake.

Business 360 News by Business 360 News
May 4, 2020
in Economy
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COVID -19: Health workers recieve 15% Premium rebate from Wapic Insurance Plc on new policy uptake.

In an effort to support health workers in the frontline of the fight against COVID-19 pandemic., WAPIC Insurance, one of Nigeria’s leading underwriters, has offered practitioners in the health care sector across Nigeria a 15% discount on new policies taken up in 2020.



According to the Managing Director, Adeyinka Adekoya, the gesture comes as part of efforts by WAPIC to help cushion financial hardships associated with the COVID-19 pandemic.

‘’This corporate gesture is in appreciation of the noble effort of our health workers, who are in the frontline of the battle against the Covid-19 pandemic.’’

Last week, the insurer announced a pioneering initiative costing millions of Naira in premium revenue that will give refunds to its motor insurance policy holders. The offer from Wapic Insurance ensures that customers with active policies are automatically credited with refunds based on the lockdown period.

Since the outbreak of the pandemic in Nigeria, Wapic Insurance has been at the forefront of Insurance sector contributions towards the fight against the pandemic. The company has contributed the sum of 40 million Naira to the Federal Government’s Covid-19 response effort in curbing the spread of the virus.

Wapic is also underwriting free health cover for 5, 000 health workers in the Country, a demonstration of its commitment to sustainable business practices through its core underwriting products and services

According to management of the Company, Wapic Insurance is committed to rolling out more socially responsible and development focused initiatives using its capital, products and services during these challenging times.

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