Accra, Ghana – In a move aimed at enhancing the welfare and security of its mobile money agents, MTN MoMo has partnered with Sanlam Allianz Life Insurance Ghana LTD and aYo intermediaries Ghana Limited to launch a comprehensive Life Insurance cover for all MTN MoMo agents across the country.
The Life insurance, which is an annual renewable package, comes at no extra cost to MoMo agents and includes coverage for permanent and total disability, temporary to total disability, critical illness, accidental medical reimbursement, hospitalization, and death benefits. This comprehensive package is designed to provide financial support and peace of mind to agents and their loved ones in the event of unforeseen circumstances.
Speaking at the launch, Chief Sales and Distribution Officer of MTN Ghana, Mr. Samuel Addo, highlighted the vital role mobile money agents play in expanding financial access in communities. He emphasized that the partnership aligns with MobileMoney LTD’s commitment to supporting agents’ welfare, complementing existing initiatives such as the provision of kiosks, laptops, motorbikes, CCTV cameras, and vehicles to enhance their work.
“At MobileMoney LTD, we take agent safety and well-being seriously. We have partnered with Sanlam Allianz Life Insurance Ghana LTD and aYo Ghana Intermediaries Ghana Limited to provide enhanced coverage. This partnership reinforces our commitment to protect and empower our mobile money agents,” Mr. Addo said.
Mr. Addo also expressed concern over the recent violence and insecurity mobile money agents face in their line of work, with the increased spate of attacks from armed robbers. He gave the assurance that MobileMoney LTD was taking the matter very seriously and exploring ways of safeguarding the agents.
“Beyond providing the insurance cover, we will also continue to work with relevant stakeholders to improve security for mobile money agents and ensure a holistic approach to our intervention,” Mr. Addo concluded.
Explaining the benefits under the insurance cover, the Chief Commercial Officer of MoMo from MTN, Abdul-Razak Ali, reiterated that the insurance comes at no cost to agents and gave the assurance that MobileMoney LTD has paid the premium for all agents.
Chief Executive Officer of aYo Ghana, Francis Gota, underscored the importance of insurance in mitigating risks, stating that “life is unpredictable and mobile money agents work long hours, often facing daily risks. This insurance scheme provides financial support in case of unforeseen circumstances, offering peace of mind to agents and their loved ones.”
The launch of the comprehensive Life Insurance cover for MTN MoMo agents is a significant step towards enhancing the welfare and security of agents, who play a critical role in expanding financial access in communities.
As MTN MoMo continues to innovate and expand its services, it is clear that the company is committed to supporting the well-being and security of its agents. The partnership with Sanlam Allianz and aYo is a testament to this commitment and demonstrates MTN MoMo’s dedication to providing a safe and secure working environment for its agents.
In conclusion, the launch of the comprehensive Life Insurance cover for MTN MoMo agents is a significant milestone in the company’s efforts to support the welfare and security of its agents. As MTN MoMo continues to innovate and expand its services, it is clear that the company is committed to providing a safe and secure working environment for its agents.
The partnership between MTN MoMo, Sanlam Allianz, and aYo is a model for other companies to follow in providing comprehensive support to their agents and employees. As the mobile money industry continues to grow and evolve, it is essential that companies prioritize the welfare and security of their agents.
The launch of the comprehensive Life Insurance cover for MTN MoMo agents is a significant step towards achieving this goal and demonstrates MTN MoMo’s commitment to providing a safe and secure working environment for its agents.
Source: Africa Publicity
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