Tigo
Ghana says it has settled its 10,000th insurance claim, bringing
total claims paid to policyholders to GHC 6.2 million since it
introduced mobile insurance in 2010. The service is designed for the
low and middle income segment to get access to life and hospital
cover. In an average month, Tigo Insurance pays more than 300 claims
through Tigo Cash.
Valid
claims go out within 72 hours of the submission of documents.
Insurance costs from GHC 0.10 a day. Tigo Insurance policies are
underwritten by Prudential Life and distributed by BIMA, leading
provider of micro-insurance.
Averagely
per month, Tigo Insurance pays over 300 claims through Tigo Cash,
with valid claims going out within 72 hours after the submission of
documents. For as little as 10Gp a day, customers can earn life
insurance and or hospitalisation insurance.
“We are delighted to have achieved this significant milestone in
such a short time. This is a testament to our vision to deliver a
digital lifestyle to our customers, and a critical component of our
overall business transformation strategy,” said Tigo’s Director
of Mobile, Tara Squire.
As a reputable telecom operator, he explained the company will
continue to deepen the penetration rate for micro-insurance in the
country through the use of mobile phones.
Russell Haresign, Country Manager for BIMA, the micro-insurance
partners for Tigo Insurance, said: “We are incredibly proud to
reach this milestone. Paying out claims is the most important part of
our work and we cannot over emphasise the importance of customers
coming forward to claim their benefits.”
He was grateful to customers for their loyalty and contribution to
the growth of the Tigo Insurance brand. The partners remain committed
to servicing the low-middle income segment by designing innovative
new products that will bring even greater value to the customer.
Tigo Insurance policies are underwritten by Prudential Life and
distributed by BIMA, leading provider of micro-insurance.
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