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By Henry Uche
AXA Mansard Insurance, a member of AXA, has extended its two promotional schemes, AXA Mansard Awoof Xtra and Double-Double promo, till June 2024.
The company said that the decision was to allow more Nigerians whose policies are still active to also benefit. Both promotions were designed for third party and comprehensive motor insurance categories.
According to the company, when customers buy or renew their comprehensive insurance policy under the Double-Double scheme, they will get free fire insurance for their home to the tune of the vehicle sum assured. What this means is that if a customer insures his/her car with AXA Mansard for two million naira, the customer will get free fire insurance for their home as well.
For the Awoof Xtra promo scheme, customers who buy or renew their third party motor insurance from AXA Mansard will also get gifts ranging from vouchers to phones and airtime.
Speaking on the promo extension, the Chief Client Officer, AXA Mansard, Rashidat Adebisi, said that the objective of the promotion is to get more Nigerians to protect themselves and build resilience against uncertainties.
She said extending the promo period till mid-year would give more people the oppourtunity to enjoy the benefits and consequently contribute to the need for increased insurance penetration in the country.
“For us at AXA Mansard, we will continue to push the boundaries to find increased ways of getting more Nigerians to embrace the insurance culture. We are convinced that one way to drive insurance penetration in Nigeria is for more people to see insurance in action. Our citizens can’t see insurance in action when they don’t have insurance policies. So, we believe extending this promo will allow more Nigerians to try out insurance and know that it is as rewarding as any other financial service they are used to.
“We are very passionate about this and a cause that we have deliberately pursued with our regulators and other industry stakeholders. We have invested in it over the years, so, extending the promo duration is to further show our unwavering commitment. It is in line with our purpose as a company and consistent with our value of customer first, which fits very well to the economic realities of this time,” Adebisi explained.
On his part, the Chief Executive Officer, AXA Mansard Insurance, Kunle Ahmed, said that the two promotional schemes have again proven AXA Mansard’s commitment to the growth of the insurance sector in Nigeria, explaining that the choice of motor and fire insurance as anchor products is very deliberate.
He said, “We understand that motor insurance is one insurance product that most Nigerians can relate to in terms of understanding. So, we see this as an opportunity to leverage that advantage to, on the one hand, get more people to insure their vehicles and, on the other hand, get more Nigerians to try out home insurance in the process.”
“We believe that this initiative alongside others, will help drive the level of penetration and get more Nigerians to try out insurance and let them experience how it works. We have invested in insurance education over the years and will continue to do that,” he said.
ment a step further by giving free fire insurance to cover the home of every customer who insures their vehicle comprehensively with us. You will agree with me that this is considerable investment. Still, one that we are convinced must be done, and as a leader in this industry, we are committed to continuing this initiative,” Ahmed affirmed.
