Allianz Life partners MobileMoney Limited to launch Allianz4Life Insurance product

As part of efforts to increase insurance penetration in the country, 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.

Highlighting some of the benefits of the product during the launch of the product in Accra, Chief Retail and Marketing Officer of Allianz Life Jane Kitome, said the Life Insurance product provides customers with cover for hospitalization, disability and death with as low as GHS3.00 to a maximum premium of GHS22 among others.

“Allianz4life is a Life Insurance product which provides customers with cover for hospitalization, disability and death with as low as GHS 3.00 to a maximum premium of GHS 22. This guarantees a sum assured amounts from GHS 1,000.00 to GHS10,0000 in the event of death and hospitalisation benefits ranging from GHS10 to GHS100.00 per night, if one is admitted in the hospital for 30 nights in a year,” she said.

In his address, the Chief Executive Officer of MobileMoney Limited, 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.

“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,” he added.

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.

Chief Executive Officer, Allianz Life Insurance, Gideon Ataraire, also noted that “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.”

The event was attended by representatives of the National Insurance Commission, the media as well as the leadership of both companies.