To further increase insurance penetration in Nigeria, AXA Mansard Insurance Plc has offered a two-week free insurance cover on renewals of its comprehensive motor insurance policy.
The free cover, according to the company, which started on the May 1, would run till December 31, 2020.
Based on this, AXA Mansard motor insurance customers will receive a two-week free insurance cover upon the next renewal of their policy.
That is, upon renewal, customers will pay for 11.5 months while cover will be given for 12 months. The pro-rated premium for the two weeks is to be deducted from the amount to be paid as premium, the company said.
The Chief Executive Officer of AXA Mansard Insurance Plc, Mr. Kunle Ahmed, said: “We understand that the COVID-19 pandemic has taken a toll on many Nigerians beyond just their physical or mental wellbeing. To provide support to our customers during this unprecedented time, the company has decided to subsidise the premium payable by our motor insurance customers, whilst they get the full benefits of the cover purchased.
“AXA Mansard offers a variety of motor insurance options that fit your needs as a woman, man or parent, with flexible payment option, first responder service and 24/7 contact centre support. The First Responder Service is an initiative that provides immediate assistance to customers on AXA Mansard’s retail motor insurance plan right at the scene of an accident. AXA Mansard gives you rest of mind as you drive your valuable cars. We implore all customers to seize this opportunity to enjoy the benefits of total coverage whilst saving some money to attend to other personal needs.
“As we continue to fight this global pandemic, you can continue to count on the dedication and support of the AXA Mansard team to ensure we provide valuable assistance during these trying times and beyond,” he added.