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BusinessLive reports that insurance group Old Mutual is providing R4bn worth of free cover for the 430,000 healthcare workers on the front-lines of the Covid-19 outbreak.
The cover is not a product nor a policy, and no premiums will be recovered from it. Effective from 1 April to 31 December, the cover includes a R10,000 sum, which will becomes payable in the event of death of qualifying healthcare workers. The intention is to provide relief to families who may have to deal with the tragic loss of a loved one during that period. The cover has no exclusions, and will include death related to any cause. It will be available to qualifying categories of members who are registered with the Healthcare Professionals Council of SA (HPCSA) as well as all registered practitioners of the SA Nursing Council (SANC).
- Read the full original of the report in the above regard by Karl Gernetzky at BusinessLive
- Read too, Some grace offered to those unable to pay life cover premiums, at BusinessLive
Get other news reports at the SA Labour News home page