MTN launches insurance product for customers MTN launches insurance product for customers

By Kwamina Tandoh/Doris Amenyo GNA

Accra April 5, GNA - aYo Ghana Intermediaries Limited, in partnership with MTN Ghana and MetLife on Thursday launched ‘aYo Recharge with Care’, an insurance product being offered to subscribers of MTN.

The aYo Recharge with Care enables subscribers to buy a life policy cover up to a maximum of GH¢3,000.00 for a subscriber and one family member and a hospitalization cover of a maximum of GH¢50.00 per night for subscriber only anytime they top up their airtime.

MTN users can subscribe to the insurance policy by dialling *296# and follow the necessary steps. The amount of airtime to be deducted as premium is automatically set up at enrolment.

The minimum and maximum premiums are set at GH¢0.5 and GH¢2.00 respectively.

Mr Guido Sopiimeh, Chief Marketing Officer MTN Ghana, speaking at the launch in Accra said insurance was more than a form of social safety net; it was a tool to absorb risks from individuals and ensure stability while promoting economic growth.

He said Insurance had therefore become even more relevant in today’s fast paced world where risks are a part of our daily lives.

Thus the onus therefore lies on individuals to recognize and take advantage of convenient insurance opportunities and make the most out of it.

He said beyond the financial inclusion imperative of the aYo Recharge with Care service, subscribers will be in the position to enjoy all the benefits of an insurance package in a simple and convenient way.

Mr Sopiimeh said the advancement of the telecommunications sector had become a significant enabler of countless opportunities for both human and economic growth.

He said committed to leading the delivery of a bold new digital world to Ghanaians, MTN Ghana has partnered a number of institutions to bring distinct experience to our valued subscribers.

He said: “notable among such partnerships is the Agoo, a multilingual mobile platform provider in collaboration with UNICEF Ghana to engage and educate Ghanaians on topical issues including water, sanitation, hygiene, education and child protection”.

Mr Francis Gota, the Country Head, aYo Ghana, said the policy was for both workers in the formal and informal sector including: drivers, hairdressers, market women, amongst and debunked the perception that insurance was for the rich and educated.

“You must be an MTN subscriber and you must be between the ages of 18 and 65 years old to buy this policy. Family must not be above 65 years old at enrolment. A 30-day waiting period applies non-accidental demise and hospitalisation.”

GNA

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