Old Mutual is giving R10,000 free cover to all healthcare workers
Old Mutual is making R4 billion worth of cover available to approximately 430,000 registered healthcare workers across South Africa.
Unlike with traditional cover offered, this is neither a product nor a policy and no premiums will be recovered on it, the group said in a statement on Wednesday (8 April).
“We were compelled to respond to the immediate need by our employees and by our responsibility as the country’s leading insurer,” said Old Mutual executive Iain Williamson.
“While we acknowledge that we cannot practically cover every single essential service worker at this time, the business has nevertheless made a call to provide R4 billion in free cover to the approximately 430,000 registered healthcare workers who we believe are among the most exposed to the virus, and who continue to serve our nation so diligently.”