Tigo adds to mobile insurance

VALUE ADDED SERVICES

-
Image: By Nana Appiah Acquaye
Tigo adds to mobile insurance

By Nana Appiah-Acquaye, Accra, Ghana

Tigo Ghana has introduced a new life insurance product, Xtra-Life, to its family Care Insurance plan.

The new product will enable prepaid subscribers who have signed up for the Tigo Family Care Insurance enjoy double life insurance cover for a small fee.

Tigo Family Insurance cover premiums, which previously ranged from GH.C 200 to 1,000, will now cost GH.C 400-2,000 with Xtra-Life. All subscribers who have registered for Tigo Family Care Insurance can also subscribe to Xtra-Life after receiving an SMS text message inviting them to do so.

New subscribers that sign on to the Tigo Family Care Insurance must also register specifically for the Xtra-Life and after registration commence payment in order to enjoy double life insurance cover every month.

Registered subscribers of Xtra-Life before 10th January 2012 will have the opportunity to enter a special promotion and pay 50Gp or maximum of GH.C 1.00 per month. The Insurance is renewed monthly and depends on the subscriber’s previous month’s airtime usage on the mobile network as cover levels are sent to subscribers via SMS text messages at the beginning of each month.

Tigo introduced the Family Care Insurance product in December last year to provide Tigo subscribers with affordable life insurance cover. Tigo Family Care Insurance is underwritten by Vanguard Life Assurance with MicroEnsure providing an efficient claims administration process.

More than 250,000 subscribers have so far signed up for the Tigo Family Care Insurance product from the network’s Customer Service Centers across the country.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE VALUE ADDED SERVICES NEWS

New partners join ITU’s Be He@lthy, Be Mobile initiative

The International Telecommunication Union has announced that global healthcare company GSK and Public Health England (PHE) will join Be He@lthy, Be Mobile, an initiative which it leads in collaboration with the World Health Organization (WHO). Read More

SIA Group enters African card payments sector

Perago has signed an agreement with Swish Payments to support its new m-commerce initiative in Africa and Europe. Read More

MTN partners Salt & Einstein MTS, NHIS on insurance

MTN Nigeria says it has partnered Salt & Einstein MTS and the National Health Insurance Scheme (NIHS) to help push health insurance to many people in the country leveraging on its wider reach. Read More

Free Twitter on Econet

Econet Wireless is now offering free access to Twitter to all subscribers on Econet Broadband.  Read More

Gemalto, GSMA drive African mHealth initiative

Gemalto has announced its partnership with (global System for Mobile Communication Association (GSMA1) to drive the pan-African mHealth Initiative (PAMI). Read More

Has Africa slowed in global mobile payments innovation?

wiGroup says Africa has lost ground to the US and China in the mobile payments innovation race. Read More

New mobile payment system goes live in SA

Mobile payment system Zapper has launched its innovative and secure payment app for smartphones in South Africa. Read More

Mobile banking numbers to pass online banking by 2019

New findings from Juniper Research finds that over 1.75 billion mobile phone users will have used their devices for banking purposes by the end of 2019, compared to 800 million this year. Read More

Remita’s e-transactions hit N500bn

Nigerian electronic payment platform Remita says it is driving cashless initiatives, and currently processes electronic transactions valued at N500billion monthly. Read More

Nigeria’s cashless campaign goes nationwide

In spite of obvious hiccups, the cashless initiative of the Central Bank of Nigeria (CBN) goes live in the 36 states of the federation and Abuja, the Federal Capital Territory (FCT) today. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Widening ICT skills gap: Cause for concernWidening ICT skills gap: Cause for concern

Nigeria's FDI gains could be eroded by the widening gap in indigenous skilled ICT manpower, writes Kokumo Goodie.

IN DEPTH

Kenya rolls out e-extension to improve agricultureKenya rolls out e-extension to improve agriculture

In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.

COMPANY NEWS

VMware reports second quarter 2014 results

VMware, the global leader in virtualization and cloud infrastructure, today announced financial results for the second quarter of 2014.

New Sage ERP X3 version puts business information at your fingertips

Sage ERP Africa has announced the availability of Sage ERP X3 version 7, the latest version of its global business management solution for midsized companies. 

How the cloud can power entrepreneurship and urbanisation in Africa

Cloud computing is not only fundamentally changing the way business operates, it is also driving a new wave of job creation opportunities, says SAP Africa.