Management and members of employees of NEM Insurance Plc, on Saturday launched into a health stroll to advertise wholesome residing and sensitise the general public on the advantages of insurance insurance policies.
The News Agency of Nigeria stories that the employees of the insurance firm of their numbers walked from NEM Insurance House, Obanikoro, by way of Ikorodu Road to Maryland and again to NEM House.
Mr Tope Smart, Group Managing Director, NEM Insurance, mentioned that the health stroll was geared to advertise wholesome way of life and bonding amongst the employees.
Smart, additionally the instant previous president, African Insurance Organisation (AIO), mentioned that employees of the insurance agency have been additionally capable of create consciousness on insurance and its advantages by way of the assorted placards they held.
“We have been able to create awareness about insurance as we walk because people kept asking who we are and what we do and in the process of answering them, we are educating them and deepening insurance penetration,” he mentioned.
According to him, employees of the corporate embark on the stroll sometimes twice a 12 months ; which is often in March and October.
”We needed to cease it in 2020 as a result of COVID-19 outbreak,” he mentioned.
Smart mentioned the underwriting agency had restored the programme and would proceed it henceforth as common.
He mentioned the health stroll additionally launched to the AIO through the 2022 convention in Nairobi, was effectively obtained by its members.
The group managing director assured that insurance corporations would make sure the continuity of both companies and security of insured property by restoring losses which may come up from mishap.
Smart suggested Nigerians to purchase insurance insurance policies as a lot as doable for continuity of life and companies in case of any loss.
“Once you have an insurance policy, it will appear that you have not lost anything when there is a disaster because you are sure of a replacement, except for the emotional trauma of the incident that one may experience.
“My advise is for Nigerians to embrace insurance and buy insurance products to take care of all their assets and restore any financial loss,” he mentioned.
On the present flood ravaging the nation, Smart mentioned NEM Insurance had began receiving claims from a few of the victims, and presently being verified earlier than fee is made.
He mentioned : “Provided that the client has the right cover, in the sense that maybe someone takes a fire policy for instance and there is an extension of flood, definitely the individual is covered.
“But if there is no flood extension, then the insurance firm may not be able to come to the rescue of the victim.
“This means that, the public needs to be properly guided when taking any insurance policy and envisage the kind of risk they opened to and make sure that those risks are taken care of,” he mentioned.
According to Smart, there might be want for presidency to assist the flood victims, as over 98 per cent of these within the rural areas particularly, would not have insurance cowl.
Smart mentioned for the company our bodies who took up insurance insurance policies in such affected locations, insurance corporations would certainly step in to revive their losses.
He assured that Nigerian insurance corporations backed by their reinsurance corporations had the capability to bear the loss which may come up from the magnitude of the flood or some other catastrophe.
NewsSourceCredit score: NAN
