Insurance

Insurfeel Initiative donates N36m insurance covers to 15 Nigerians

Dignitaries unveiling Insurfeel Initiative.

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Insurfeel Initiative has donated Uni-personal insurance covers worth N36 million to 15 Nigerians.

The Promoter of Insurfeel Initiative Chuks Udo Okonta, said the beneficiaries include, retirees; public and private workers; university lecturers and small business owners.

He noted that the donation forms part of the organisation’s agenda to donate one million insurance covers to the uninsured before the end of year 2025.

He further appreciated individuals that responded to his call for insurance donation during his birthday, stating that the funds realised helped in making the donations.

Okonta also called on good spirited individuals – home and abroad to support the initiative of donating insurance to mitigate the risks faced by the uninsured and also stem poverty.

Insurfeel Initiative

He said it is cheaper to donate covers than raise money when people suffer mishaps.

According to him 10 of the beneficiaries were attendees of the 2024 Inspenonline Retirement Summit and Unveiling of Insurfeel Initiative, while others were picked due to the contributions to humanity.

He also appreciated the management of Universal Insurance Plc for supporting the initiative and exhibiting high level of professionalism in handling the partnership.

About Uni-personal insurance Cover

There are risks in every activity we do. Whether you are at HOME, at WORK, at PLAY, or while TRAVELLING. Over 75 per cent of the activities we do have to with our job, business, or occupation.

Every job/occupation has its peculiar risks. Most common is the risk of accident – from minor to fatal. When an accident happens, it could lead to medical expenses, permanent disability or death. Raising funds to take care of emergency situations resulting from accidents is sometimes a very challenging task for most people.

Aside from accident, individuals are sometimes held legally liable for their negligent, unintentional actions or actions of their children or other relatives, whether at home or outside the home, which could result in bodily injury of persons or loss/damage to their property.

Everyone, therefore, needs to guard ourselves with Uni-Personal Cover in case any of this situation arises. With Uni-Personal Cover, you can work, live, play, and travel with great confidence.

Uni-Personal Cover a policy offered by Universal Insurance Plc, is combined Personal Accident (PA) and Personal Liability (PL) insurance cover, just for you, and the premium is ₦8,000 only per annum.

Benefits

₦200,000 for medical expenses
₦850,000 for Permanent Disability
₦850,000 for Death
₦500,000 for Personal Liability

About Insurfeel Initiative

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 the 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 human 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 souvenirs 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.

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