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 is an annual renewable package that comes at no extra cost to MoMo agents.
A statement issued by Madam Adwoa Wiafe, Chief Corporate Services and Sustainability Officer, said it included coverage for permanent and total disability, temporary to total disability, critical illness, accidental medical reimbursement, hospitalization and death benefits.
It said agents would receive support when they were diagnosed with a critical illness such as stroke, cancer, coma, major burns, major organ transplant, heart attack, and kidney failure, among others.
In addition, there are daily hospital cash benefits to help with medical bills if they are hospitalized.
Mr. Samuel Addo, Chief Sales and Distribution Officer of MTN Ghana, highlighted the vital role mobile money agents play in expanding financial access in communities.
He emphasised that the partnership aligned with MobileMoney Limited’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 Limited and aYo Ghana Intermediaries Ghana Limited to provide enhanced coverage. This partnership reinforces our commitment to protect and empower our mobile money agents,” he said.
He expressed concern over the recent violence and insecurity mobile money Agents faced in their line of work with the increased spate of attacks from armed robbers.
Mr. Addo gave the assurance that MobileMoney Limited had taken 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 said.
Mr Abdul-Razak Ali, the Chief Commercial Officer of MoMo from MTN, reiterated that the insurance would be at no cost to agents and gave the assurance that MobileMoney LTD had paid the premium for all agents.
Mr Francis Gota, Chief Executive Officer of aYo Ghana, underscored the importance of insurance in mitigating risks, and stated that, “life is unpredictable and mobile money agents work long hours, often facing daily risks.”
He said the insurance scheme provided financial support in case of unforeseen circumstances, offering peace of mind to agents and their loved ones.
Mr Tawiah Ben Ahmed, CEO of Sanlam Allianz Life Insurance Ghana Limited, assured agents of the company’s dedication to honouring valid claims promptly.
“As the life insurer in this partnership, we are committed to providing seamless insurance services and ensuring that claims are paid promptly to support our agents when needed,” he added
MobileMoney Limited remains committed to supporting its over 300,000 mobile money agents nationwide to thrive and operate in a safe environment.
The company initiated the Agents Insurance Scheme in 2020.
GNA
