Old Mutual Zim Unveils ZWL$2 Billion Free Life Insurance Cover For Zim COVID-19 Frontliners
ZSE listed Old Mutual Zimbabwe has unveiled a $2 billion free life insurance cover benefit for healthcare professionals who are working on COVID-19, Business Times reports.
The free package which will cover the professionals from April to September 2020 will also cover the lives of health professionals who are serving Zimbabweans from the deadly pandemic.
This was revealed by Old Mutual Zimbabwe CEO Sam Matsekete who said:
In this period of crisis, we have mobilised to work alongside those who are fighting the pandemic, which is why we have decided to make this practical gesture of support to our hospital staff, who are working to ensure adequate care for patients as well as universities which are innovating to produce key materials required to fight the pandemic.
Unlike with traditional cover offered, this is neither a product nor a policy and no premiums will be recovered on it during the six months free period. To qualify, health professionals have to register with Old Mutual to receive free cover for six months. Health professionals will be offered the opportunity to continue the cover beyond six months at a discounted cost
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Starting in October 2020 the benefit will be offered to healthcare professionals at a discount. Zimbabwe has so far recorded 3 COVID-19 deaths and 11 positive cases.
More: Business Times
