The National Insurance Commission has commended the insurance companies for their initiative to voluntarily support the fight against COVID-19 pandemic through the provision of life insurance cover for medical personnel and other donations.
NAICOM said in a letter to the regulated entities that mobilisation of the funds by the industry would be coordinated by the commission. The commission also refuted an online report, which said it was forcing insurance companies in the country to make donations to the coronavirus fight. The report had stated that NAICOM in a letter to registered insurance companies compelled the companies to make donations of not less than N10m.
But NAICOM’s Deputy Director and spokesman, Mr Rasaaq Salami, expressed the commission’s disappointment over the news, describing it as not only false and misleading, but mischievous.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
I am yet to see someone that knows someone that knows someone that has received cash palliative from FG. ourmumudondo
Good job
National looting commission Awon ole
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