By Albert Futukpor
MTN MoMo has partnered with Sanlam Allianz Life Insurance Ghana LTD and aYo Intermediaries Ghana Limited to launch a comprehensive Life Insurance cover for all MTN MoMo agents across the country.
The life insurance cover is an annual renewable package that comes at no extra cost to MoMo agents.
This was contained in a statement issued by MTN Ghana and copied to the Ghana News Agency.
The statement said the life insurance cover included coverage for permanent and total disability, temporary to total disability, critical illness, accidental medical reimbursement, hospitalisation and death benefits.
It said, “Agents will receive support when they are diagnosed with a critical illness (e.g. stroke, cancer, coma, major burns, major organ transplant, heart attack, kidney failure etc.).”
It said, “In addition, there are daily hospital cash benefits to help with medical bills if they are hospitalized.”
The statement quoted Mr Samuel Addo, Chief Sales and Distribution Officer of MTN Ghana as highlighting the vital role mobile money agents played in expanding financial access in communities.
Mr Addo emphasised that the partnership aligned with MobileMoney LTD’s commitment to supporting agents’ welfare, complementing existing initiatives such as the provision of kiosks, laptops, motorbikes, CCTV cameras and vehicles to enhance their work.
He said “At MobileMoney LTD, we take agent safety and well-being seriously. We have partnered with Sanlam Allianz Life Insurance Ghana LTD and aYo Intermediaries Ghana Limited to provide enhanced coverage. This partnership reinforces our commitment to protect and empower our mobile money agents.”
He expressed concern over the recent violence and insecurity mobile money agents faced in their line of work with the increased spate of attacks from armed robbers.
Mr Addo gave the assurance that MobileMoney LTD was taking the matter very seriously and exploring ways of safeguarding the agents.
He said, “Beyond providing the insurance cover, we will also continue to work with relevant stakeholders to improve security for mobile money agents and ensure a holistic approach to our intervention.”
Mr Abdul-Razak Ali, Chief Commercial Officer of MoMo from MTN, explaining the benefits under the insurance cover, reiterated that the insurance came at no cost to agents and gave the assurance that MobileMoney LTD had paid the premium for all agents.
Mr Francis Gota, Chief Executive Officer of aYo Ghana underscored the importance of insurance in mitigating risks saying “Life is unpredictable and mobile money agents work long hours, often facing daily risks. This insurance scheme provides financial support in case of unforeseen circumstances, offering peace of mind to agents and their loved ones.”
Mr Tawiah Ben Ahmed, Chief Executive Officer, Sanlam Allianz Life Insurance Ghana Ltd assured agents of his company’s dedication to honouring valid claims promptly.
He said, “As the life insurer in this partnership, we are committed to providing seamless insurance services and ensuring that claims are paid promptly to support our agents when needed.”
The statement said “MobileMoney LTD remains committed to supporting its over 300,000 mobile money agents nationwide to thrive and operate in a safe environment. The company initiated the Agents Insurance Scheme in 2020.”
GNA
EA/AD