Consolidated Hallmark Insurance pays journalists’ accident claims
Consolidated Hallmark Insurance (CHI) Plc recently paid the accident claims of an insurance reporter who is a member of the National Association of Insurance and Pension Correspondents (NAIPCO).
The insurance company had, in October, renewed the group personal accident insurance cover worth N24 million Sum Assured offered free of charge to insurance journalists in the country.
Said member was crossing the road when a motorcycle traveling against the current rammed her from behind, requiring her to be hospitalized.
However, covered by the free group personal accident coverage issued to NAIPCO, CHI stepped in to pay the member’s hospital bills after the victim was discharged from the hospital and was now in good health.
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 hazards in the exercise of their civic duties are adequately protected.
Reacting to the development, Group Managing Director/CEO, CHI, Mr. Eddie Efekoha, said the move is to show the kind of values and respect his insurance company has for journalism, believing, journalists , which shape society. , and by extension, the insurance industry, must be protected.
Journalism, he said, is a risky profession, hence the need to provide adequate insurance to those covering the insurance industry.
Applauding the initiative, the President of the National Association of Insurance and Pension Correspondents (NAIPCO), Mr. Chuks Udo Okonta, thanked the insurance company for the claims it has paid, saying that it is a testament that insurance works and that insurers actually pay genuine claims.
He applauded the insurer for its quick response to the claim request, noting that the company was cooperative throughout the handling of the claim.
The Group’s Personal Accident Insurance covers death, permanent disability and medical expenses.
The policy, which is 10 years old, has been in force since 2012 and is renewed annually by the company. Coverage was renewed on October 1, 2021 and is due to expire on September 30, 2022.
The policy covers all NAIPCO members across the country while the company has pledged to continue renewing coverage for reporters every year.