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Insurfeel Initiative Promotes Donation Of One Million lnsurance Covers To Uninsured

by Bisi Bamishe
January 17, 2024
in Insurance
NCRIB Lagos Area Committee, Insurfeel Initiative Partner On Donation Of Insurance Policies To Students
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By Bisi Bamishe

Insurfeel Initiative has announced plans to drive donation of one million insurance covers to uninformed and uninsured population.

The Promoter of Insurfeel Initiative, who is also Publisher of Inspenonline Chuks Udo Okonta, said the move is to ensure safety and use insurance mechanism to save people from poverty.

According to him the initiative would entails donation of Uni-personal Cover; School Fees Protection Cover and Health Insurance, stating that the covers will be donated to students in secondary schools, tertiary institutions and general public.

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He noted that the initiative would help take insurance closer to the people, thereby deepening insurance penetration.

According to him, Insurfeel Initiative had already engaged partners and has continued to engage more partners to leverage the initiative to execute their Corporate Social Responsibility (CSR) mandates.

He expressed optimism that the drive would surpass the one million target with supports from people of good will.

Okonta implored the government, organisations, institutions; associations; groups, families and individuals to contact Insurfeel Initiative to find out how they can partake in the drive.

According to him, insurance remains the bedrock of societies, stressing that no nation can grow without adequate insurance protections for lives and properties.

He noted that findings from beneficiaries of the initiative had revealed that people really accept insurance, just that there has been a gulf between them and providers of insurance services.

He maintained that Insurfeel Initiative has really come to bridge the gap between the uninformed; uninsured and insurance system.

*Insurfeel is an initiative that enables the uninformed and uninsured to experience impacts of insurance by receiving insurance policies for free through donations by individuals; groups; associations; organisations and government.

* Insurfeel Initiative entails donation of insurance policies to the uninsured, uninformed and evolved from a research conducted which showed that people who have had positive experience on how insurance works seem to believe and easily embraced the system.This research therefore, necessitates the need to extend insurance experience through donation of policies to more people so as to deepen insurance penetration, provide safety; fight poverty and enhance insurance industry’s profitability.

* Insurfeel is targeted towards specific individuals, such as; students in secondary schools, teachers and people with distinct impact on lives and the society. They are selected due to their outstanding performance and contributions to humang growth.

* Insurfeel initiative is opened to people committed to philanthropy. Through Insurfeel, organisations can by means of Corporate Social Responsibility (CRS) donate insurance policies as souvenir and gifts to deserving members of the public.

* Insurfeel Initiative provides a platform for insurance companies to donate their products as against the present trend where products from other sectors are donated to the public. This will grow the industry’s premium whilst helping humanity.

* Insurfeel Initiative was developed by the Publisher of Inspenonline, Chuks Udo Okonta.

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Bisi Bamishe

Bisi Bamishe

I am a journalist with many years of experience in the field of Insurance and Pension. In 2003, I won Nigeria Media Merit Award of the IGI's Prize For Insurance Reporter of The Year

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