Anchor Insurance launches cover for air travellers

27/06/2022 10:05:00 PM

Anchor Insurance launches cover for air travellers

Air Travel İnsurance, Anchor Insurance

Anchor Insurance launches cover for air travellers

Anchor Insurance Company Limited has launched a cover to protect air travellers and their luggage while travelling.

The product was launched in Lagos on Monday and was attended by officers from the Airline Operators of Nigeria and other travel practitioners.Augustine said, “The main purpose of the Local Passengers’ Flight Welfare Scheme which, essentially, is a single product, is to meet up passenger legal liabilities; compensate for losses encountered by passengers including baggage delay, mishandled baggage and loss of baggage; provide financial benefits for the harm done to the health and life of the insured person or to compensate for lost wages during temporary or permanent disability as a result of unexpected and short-term external factors or unforeseen circumstances, for example: accidents.” The insurance protection, he said, would be run in accordance with the stipulated regulations on obligatory personal accidents insurance on transport.

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The Managing Director of the company, Mr Ebose Augustine, assured the insuring public of value during the launch of retail product called ‘Local Passengers’ Flight Welfare Scheme’, which was recently approved by the regulator, the National Insurance Commission.It is called ‘Local Passengers’ Flight Welfare Scheme’ and is intended for those who encounter challenges, while travelling by air within the country.It is called ‘Local Passengers’ Flight Welfare Scheme’ and is intended for those who encounter challenges, while travelling by air within the country.The insurer said, this again demonstrated emulative strides in ensuring adequate representation of the female gender in the workplace.

The product was launched in Lagos on Monday and was attended by officers from the Airline Operators of Nigeria and other travel practitioners. Augustine said, “The main purpose of the Local Passengers’ Flight Welfare Scheme which, essentially, is a single product, is to meet up passenger legal liabilities; compensate for losses encountered by passengers including baggage delay, mishandled baggage and loss of baggage; provide financial benefits for the harm done to the health and life of the insured person or to compensate for lost wages during temporary or permanent disability as a result of unexpected and short-term external factors or unforeseen circumstances, for example: accidents. It will also provide financial benefits for harm done to the health and life of the insured person or compensate for lost wages on temporary or permanent disability.” The insurance protection, he said, would be run in accordance with the stipulated regulations on obligatory personal accidents insurance on transport. The Managing Director /Chief Executive Officer of the company, Ebose Augustine, said with a moderate premium rate for the policy, it is pertinent for all passengers to enjoy peace of mind provided by the policy when travelling. Related News . In this article.