A coalition of six insurance companies in Nigeria has announced an insurance cover of N5bn for health workers and volunteers in the frontline against coronavirus in Lagos State.
The premium covers medical, disability, incapacity and term life insurance for up to 1000 doctors, nurses, and other health workers in the state.
This was contained in a 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 read in part, “(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.”
There are over one hundred cases of coronavirus in Lagos State, the highest in the country.