Allianz Life Insurance Ghana Limited and Ghana’s leading mobile financial services provider, MobileMoney Limited have launched a life insurance product, named “Allianz4Life.
This product provides convenient life insurance solutions to customers of both brands.
The launch took place on Wednesday, January 26, 2022, at the African Regent Hotel, amidst a colourful ceremony which saw the CEOs of both companies and the Brand Ambassador of the product, Mikki Osei Berko (popular Ghanaian Actor) launch the product.
Allianz4life is a Life Insurance product which provides customers with cover for hospitalization, and death; with as low as GHS 3.00 to a maximum premium of GHS 22.
This guarantees Sum Assured amounts from GHS 1,000.00 to GHS10,0000 in the event of death and a hospitalisation benefit ranging from GHS 10 to GHS 100.00 per night if one is admitted to the hospital for 30 nights in a year.
Jane Kitome, the Chief Retail and Marketing Officer of Allianz Life explained the benefits and features of the product to stakeholders and partners present at the event.
“Allianz life is excited about the Allianz4Life product and the partnership with MobileMoney Limited. We look forward to securing the lives of our customers through the MoMo platform; thus, providing speed and convenience in the delivery of life insurance solutions,” said, Mr. Gideon Ataraire, CEO, Allianz Life Insurance
In his address, the Chief Executive Officer of MobileMoney Limited, Mr. Eli Hini commended Allianz Life for the bold initiative to digitalise their product and for choosing to partner MobileMoney Limited. He noted that the MoMo API platform has been a great success for entrepreneurs who are taking advantage of the platform to grow their business.
He said, “MTN’s Ambition 2025 is anchored on building the largest and most valuable platform business and the implementation of this strategy will be accelerated through selective partnerships and the leveraging of MTN’s brand which is the most trusted and valued in Africa”.
Eli Hini welcomed Allianz4 Life unto the MoMo platform and urged all customers to sign on the service.
The partnership between Allianz Life and MobileMoney Limited signifies the continuation of a meaningful relationship and the prospects of many more innovative products which will delight customers of both brands.
The event was attended by Mr. Shiabu Ali, President of the Insurance Brokers Association of Ghana, Madam Esther Armah, who represented the Commissioner of Insurance, the media as well as the leadership of both companies.