Sunday, June 15, 2025
27.8 C
Lagos

CHI Settles Accident Claims of Second Insurance Journalist

Consolidated Hallmark Insurance (CHI) Plc, for the second time this year, has paid accident claims of another member of the National Association of Insurance and Pension Correspondents (NAIPCO), who had an incident recently.

It will be recalled that the company had promptly paid accident claims of a member who had an accident in February this year.

The recent payment however was for a member who had an accident when the vehicle she was commuting in was hit by an articulated vehicle and she fell off the vehicle while still in motion. She sustained injuries and was rushed to the hospital.

However, covered under the free group personal accident cover issued to NAIPCO, CHI stepped in to pay the hospital bills of the member while the victim has been discharged from the hospital and she is now in good health.

It will be recalled that there is a running Group Personal Accident Insurance cover worth N24 million Sum Assured given for free to insurance journalists in the country by CHI.

This gesture, according to the company, is part of its Corporate Social Responsibility (CSR) project, to ensure that journalists who are exposed to danger and hazard in the discharge of their duties are adequately protected.

Speaking on the development, Mr. Eddie Efekoha, the Group Managing Director/CEO of CHI, said the gesture is to show the kind of values and respect his insurance firm has for journalism.

According to him, journalism is a risky profession, hence, the need to adequately provide insurance for those covering the insurance industry.

On his part, Mr. Chuks Okonta, Chairman, National Association of Insurance and Pension Correspondents (NAIPCO), thanked the insurance firm on the claims paid, stating that, this is a testimony that insurance works and that insurers are actually paying genuine claims.

The Group Personal Accident Insurance covers death, permanent disability and medical expenses.

The policy, now in its 10th year, has been running since 2012, and is renewed annually by the company. The cover was renewed on the 1st of October, 2021 and is due to expire on 30th of September, 2022.

The policy covers all members of the National Association of Insurance and Pension Correspondents (NAIPCO) across the country while the company has promised to continue to renew the coverage for the journalists every year.

spot_img
spot_img
spot_img

Hot this week

NGX Group Chaiman, Umaru Kwairanga, Extols China-Africa Trade Expo 2025

By Umaru Kwairanga It is an honour and a privilege...

Sterling Bank Floats N2bn Private University Scholarships for Young Nigerians

Nigeria’s most forward-looking financial institution, Sterling Bank, has announced...

Emirates SkyCargo Bolsters Connectivity between Europe, Global Network

Emirates SkyCargo, the cargo arm of the world’s largest...

NCC, Stakeholders Tackle Rural Connectivity Challenges

The Nigerian Communications Commission (NCC) has collaborated with the...

CBN Debunks Report on BDC Recapitalisation Deadline

The Central Bank of Nigeria (CBN) has debunked a...

Topics

Worldwide PC Shipments Declined 7.7% in Qtr 3 2015

Worldwide PC shipments totaled 73.7 million units in the third quarter of 2015, a 7.7 percent decline from the third quarter of 2014, according to preliminary results by Gartner. Desktop PCs continued to show weakness with a high single digit decline, while the segment that combines notebook PCs and premium ultramobiles (such as the MacBook Air and Microsoft Surface Pro) recorded a low single digit decline.

Linkage Assurance Gross Written Premium up 16% to N12.98bn in 2022

Amidst tough operating environment in the 2022 financial year,...

NGX, Katsina State Partner on Economy, Infrastructure

WELCOME REMARKS BY ALHAJI Dr. UMARU KWAIRANGA CHAIRMAN NIGERIA...

Fidelity Bank Trains 1,276 Women in Digital and AI Skills

As part of its commitment to empower women with...

Unity Bank Champions Digital Literacy, Innovation for Youth Empowerment 

In line with its commitment to supporting youth empowerment...

Ghanaian Real Estate on Spotlight in Nigeria

All is set for the first ever Ghana Property...

The Adesola Adeduntan-Led FirstBank: 130 Years of Enabling Success

Dr. Adesola Adeduntan In a country with short-lived corporate excellence...

Linkage CEO: The Future of Nigerian Pensioners

Failure to implement the Guaranteed Minimum Pension in the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img