LASACO gives N1bn free insurance to health workers

Lasaco Assurance pays N183m dividend

As part of its contributions to the COVID-19 fight, LASACO Assurance Plc says it has provided N1bn free insurance cover to health workers in Osun State.

 It said 200 front line health workers involved in the containment of the disease in the state would enjoy insurance cover to the tune of N5m each to cover death/permanent disability and medical/ hospital expenses.

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The Group Managing Director of the company, Mr Segun Balogun, said in a statement that, the gesture was to boost the morale and motivate the workers who were in the fore-front of the battle against COVID-19 and were exposed to several risks.

He emphasised the need for such protection for health workers to enable them focus on their duty calls and not be overwhelmed by the hazards involved.

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He commended Nigerians for cooperating with government in the fight against the disease so far and advised them to continue to make the necessary sacrifice by observing social distancing and other preventive measures prescribed to              eradicate the disease.

Balogun promised that the company would continue to provide corporate social responsibility to support government in meeting the needs of the people.

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The statement added, “LASACO Assurance Plc, along with other leading insurers and Ark Insurance Brokers, have partnered in such similar intervention in Lagos State, whereby insurance cover of N5bn has been provided for 1,000 health workers and volunteers involved in the COVID-19 battle.”


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