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Business News of Thursday, 23 April 2020

Source: www.mynigeria.com

Wapic Insurance refunds Motor Vehicle Insurance premiums during pandemic

Wapic Insurance Wapic Insurance

Wapic Insurance has offered customers refunds on their motor vehicle insurance premiums.

According to a notice filed by the firm to the Nigerian Stocke Exchange, this is a means of empathizing with customers unable to drive their motor vehicles due to the pandemic stay at home policy.

Beyond financial and other contributions, the company wants to remind its customers that it has them in their best interest and is continually improving its services to deliver a unique and excellent customer experience.

Wapic’s outgoing Chairman Mr Aigboje Aig-Imoukhuede said, “We know that our customers are experiencing unprecedented circumstances and many are struggling to cope.

"We want to recognise the sacrifice you are making by driving significantly less as you support our country’s objectives in flattening the curve of the pandemic. We want our customers to know they can rest knowing we will defeat this pandemic together.”

Wapic is also passing the benefit of reduced motor insurance claims during this period onto its existing policyholders. The refund will automatically be credited to customers with active policies at the end of the lockdown period.