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In line with the company’s strategy to deepen insur­ance penetration in the country, AXA Mansard In­surance Plc, a member of the AXA Group and global leader in insurance and asset management, has an­nounced the launch of its new Personal Insurance product, called ‘No Yawa’.

‘No Yawa’ is a retail prod­uct that covers accidental death, medical expenses and disability (permanent total, partial disability, total temporary).

The product provides 24-hour coverage for any accident suffered by the policyholder irrespective of his location- whether at home, office or social gath­erings.

‘Yawa’ is a colloquial name for ‘trouble’ in pid­gin. This resonates across all socio-economic classes, denoting a plan that covers any kind of trouble – injury and accident that threatens ability and life.

Speaking about the prod­uct with Sunday INDEPEN­DENT, the Chief Actuary, Mr Jolaolu Fakoya, stated, “Our aim is to give our cus­tomers the confidence to achieve their dreams with­out fears or worries.

“Regardless of the kind of injury suffered, ‘No Yawa’ provides the coverage to ensure that our custom­ers recover without the has­sles of its financial burden.”

Convenience being one of AXA Mansard’s focus points, the company had made it possible to make premium payments through a range of approved chan­nels both physical and on­line such as: any of AXA Mansard’s branches or wel­comes centres, the compa­ny’s digital platforms – AXA Mansard website (www.ax­amansard.com) and Mobile Application- MyAXAPlus”

The company directs that existing customers of AXA Mansard can contact their relationship managers.

In his closing remarks, the Chief Executive Officer of the company, Mr Kunle Ahmed, stated that “Even with the best precautions, accidents are a reality of life. At AXA Mansard, we care about people and what matters to them; this has driven us to develop this product to alleviate some of the financial burden arising from accidents. We will continue to listen, re­search and develop innova­tive products that add value to our people.

AXA Mansard is regis­tered as a composite com­pany with the National Insurance Commission of Nigeria (NAICOM).

 

 

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