Sanlam Nigeria on Wednesday launched the Family love and Code of Confidence insurance products in commemoration of the Nigeria’s 63rd Independence Anniverary
Mr Tunde Mimiko, Managing Director, Sanlam Life Insurance Nigeria Ltd. said that the family love plan is a funeral product that provides protection to family members to finance the funeral expenses of their loved ones.
Mimiko at the product launch in Lagos, explained that the plan was designed to enable Nigerians to give their departed loved ones a memorable farewell at ease.
“Indeed, when you buy a family love plan, celebration of life, becomes celebration of love. The product is designed with options for the lower, middle and the affluent retail market segment.
“At Sanlam Nigeria, we understand the love and care Nigerians have for family. That is why we created the family love plan.
“With this plan, you do not have to break the bank or compromise on your class, to give your love ones a deserving farewell when the unthinkable happens,” he said.
In his remarks, Mr Bode Opadokun, Managing Director, Sanlam General Insurance Nigeria Ltd., said that the Code of Confidence enables the insurer’s customers to report and settle third party motor insurance claims using a simple USSD code *1056#.
Opadokun noted that the unique product which is the first-of-its-kind in Nigeria, has since gained traction and popularity in the market.
He emphasised that the brand is committed to stakeholder-friendly ideas and innovations.
“We are particularly proud to highlight our USSD Code of Confidence, *1056#, which revolutionises the way our customers report and settle third party motor insurance claims.
“The code works on MTN and Airtel networks on any mobile device.
“With this innovation, our customers can be rest assured that they are just a dial away from getting their motor insurance settled on the spot.
“Once the claim is initiated, a Sanlam representative will contact the customer within 24 hours to verify the details and process the payment,” he said.
According to him, the launch of both products reflect Sanlam’s continuous innovative strategy and commitment to customer satisfaction.
Sanlam Nigeria, formerly FBN Insurance,
is a member of the Sanlam Pan Africa (SPA), founded in 1918 as a life insurance company.
It is a non-banking financial services group, with presence in 33 countries.