Wema, AIICO Provide Healthcare for Women

Wema Bank, through its women proposition, SARA by Wema, has goneintoapartnershipwithAIICOInsurancePlc,anditssistercompany, AIICO Multishield HMO, to provide better healthcare services for women. In line with the SARA by Wema initiative, the partnership seeks to enhance the lifestyle and general well-being of women within the community.

In addition to the HMO plan that has been specifically tailored to meet the health care needs of women, the partnership also features a hospitalcashplanthatenableswomenwhohavebeenhospitalisedfor a minimum of three days receive cash of N10, 000 per hospitalisation for up to five times a year, the bank explained in a statement.

This, according to Wema Bank, is to serve as compensation for income loss experienced during hospitalisation

Speaking during the scheme’s virtual launch, the statement quoted the Divisional Head, Retail Business, Wema Bank, Dotun Ifebogun, to have said: “With the AIICO scheme, we will cover a series of healthcare services including obstetrics, gynecology and neonatal/ pediatric services. This covering is available to all our new and existing female customers.”

Also,theExecutiveDirector,RetailBusinessGroupofAIICOInsurance Plc, Mr. Olusola Ajayi, said “Women constitute a huge underserved segment of our society on insurance. Besides low awareness, cost and access are other challenges we have identified as reasons for their low insurance uptake. These are the things we seek to address with this strategic partnership with Wema Bank. We aim to reach more women with our low-cost and value-based Hospital Cash offering.”