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Wema Bank, AIICO partner on women healthcare

Wema Bank

Wema Bank, through its women proposition, SARA by Wema has partnered AIICO Insurance Plc., and sister company, AIICO Multi-shield HMO, to provide better healthcare for its women.

The deal Wema Bank seeks to enhance the well-being of women within the community. In addition to the HMO plan that has been tailored to meet the health care needs of women, the partnership also features a hospital cash plan that enables women who have been hospitalised for a minimum of three days receive N10,000 per hospitalisation for up to five times a year.

In a statement during the scheme’s launch, Dotun Ifebogun, Divisional Head, Retail Business, Wema Bank 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, the Executive Director, Retail Business Group of AIICO Insurance, 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.

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“We are also extending this value by offering a tailor-made health insurance, specifically for the needs of women,” added, Dr. Leke Oshunniyi, Managing Director, AIICO Multishield Limited, an HMO subsidiary of AIICO Insurance Plc.

Dotun Ifebogun, also added that “Wema Bank, through the SARA community is committed to ensuring that Nigerian women across all socioeconomic classes, including entrepreneurs, workers and stay-at-home mothers are afforded adequate provisions for healthy living. He further assured that Wema Bank will continue to partner and encourage initiatives designed to support women in their personal lives as well as in business”. Subscription to the scheme can be accessed online and at all Wema Bank’s branches nationwide.

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