Sanlam Offers Coverage For Funeral Expenses, Instant Claims Payment

Sanlam Nigeria has said it is offering coverage for funeral expenses while paying instant claims on motor insurance.

These, the firm is doing through its innovation products tagged  ‘Family Love Plan’ and ‘Code of Confidence.’ Sanlam Nigeria is a member of the Sanlam Pan African group.

Speaking at the launching of the two products in Lagos earlier in the week, the managing director/CEO, Sanlam Life Insurance, Mr. Tunde Mimiko, noted that,

‘The Family Love Plan,’ is a funeral plan that helps policyholders honour and celebrate their loved   ones   who   are   no   more   without   worrying   about   the   financial   burden   of   funeral expenses.

According to him, “Family Love helps you give a memorable farewell to your departed loved ones with love and dignity. At Sanlam  Nigeria,   we   understand  the  love   and   care  you  have  for  family.  This   is   why  we created   the  Family   Love   plan.  

“With   Family   Love,   you  don’t   have   to   break   the   bank   or compromise on your class, to give your beloved parents, that your favourite uncle or even in-laws, a deserving farewell when the eventuality happens.”

On his part, the managing director/CEO, Sanlam General Insurance, Mr. Bode Opadokun, noted that, ‘The Code of Confidence’ is a unique product in Nigeria that enables Sanlam customers to report and settle third party motor insurance claims using a simple USSD code, *1056#.

The first-of-its-kind in Nigeria, he said, the product has since gained traction and popularity in the market.

Opadokun expressed his excitement about the   official   launch   of   the   Code   of   Confidence. emphasising   the   brand’s   relentless commitment  to   stakeholder-friendly   ideas   and  innovations.  

He   said:  “We   are   particularly proud to highlight our USSD Code of Confidence, *1056#, which revolutionises the way our customers   report   and   settle   3rd  party   motor   insurance   claims.   With   this   innovation,   our customers can rest assured that they are just a dial away from getting their motor insurance settled on the spot.”

Saying the   launch   of   both   products   reflect   Sanlam’s   continuous innovative strategy and commitment to customer satisfaction, the duo urged prospective policyholders  to buy the Family Love Plan, by visiting Sanlam Nigeria website www.sanlam.com.ng and select their  preferred package, and follow the prompts.

“To use *1056#, Sanlam customers simply need to dial the code on their mobile phones and follow the instructions on the screen. The code works on MTN and Airtel networks on any mobile device. Once the claim is initiated, a Sanlam representative will contact the customer within 24 hours to verify the details and process the payment,” Opadokun pointed out.

Sanlam Nigeria, formerly FBN Insurance, comprising Sanlam Life Insurance Nigeria Limited and Sanlam General Limited, is Nigeria’s fastest-growing insurance company with multiple awards and recognitions including 4-time  World  Finance   Life Insurance Company of the Year among others.