Wapic Insurance Ghana Limited, a multi-line insurance company, has redesigned its motor insurance product to address the concerns of customers.
Moov features
Explaining the features of the new product at a launch in Accra, the Product Manager of Wapic Insurance Ghana Limited, Mr Olumide Salako, said the new product was intended to position the company in the minds of the public as the most innovative and customer-focused insurance company.
He said it was also to grow premium income particularly from insurance products that had huge potential for growth in a cost-effective manner.
Additionally, he said, the product provided the customer with four main options which included Moov, Moov Plus, Moov Prestige, and Moov Luxury.
Mr Salako said while Moov provided third party insurance cover for all motor vehicles, Moov Plus offered clients third party fire and theft cover for private and commercial vehicles.
He said the Moov Prestige gave basic comprehensive insurance cover to private and commercial vehicles, while Moov Luxury also presented full comprehensive cover to all motor vehicles.
However, he said, within each option selected, there was a menu of covers to choose from to suit a client’s need and budget and each insurance cover was priced separately and worked out by an automated calculator.
Mr Salako, therefore, urged the general public to take advantage of the flexible offers that the company was introducing to the motor insurance sector and get insured.
The Managing Director of Wapic Insurance Ghana Limited, Mr Adedayo Arowojolu, expressed confidence that the new product would contribute significantly towards the change in perception of insurance and address the needs of consumers.
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