Tigo Insurance has reached yet another milestone, paying out its 10,000th claim to bring the total claims paid to policy owners to GH? 6.2 million since its introduction this year.

The 10,000th claimant is 21-year-old Foster Quist Sarfo, students of your Central University College.

Tigo said inside a statement, its unique insurance offering specifically designed for the low and middle income segment, averagely pays monthly, in excess of 300 claims through Tigo Cash, with valid claims going within 72 hours as soon as the submission of documents. For as few as 10Gp every day, customers can earn insurance coverage and hospitalisation insurance.

“We are happy to have achieved this significant milestone in this limited time. It’s a proof of our vision to generate an electronic lifestyle for our customers as well as a critical component our overall business transformation strategy,” the statement quoted Tigo’s Director of Mobile, Tara Squire, as saying.

It said being a reputable telecom operator the organization would still deepen the penetration rate for micro-insurance in the united kingdom by making use of cellphones.

Russell Haresign, the continent Manager for BIMA, the micro-insurance partners for Tigo Insurance, was quoted as having said: “We are incredibly proud to attain this milestone. Spending claims is an essential section of our work and now we cannot over-emphasize the necessity of customers coming toward claim their benefits.”

“We are grateful to customers with regards to loyalty and contribution towards progress of the Tigo Insurance brand. The partners remain convinced of servicing the low-middle income segment by designing latest items which provides even bigger value towards the customer.”

Tigo Insurance coverage is underwritten by Prudential Life and made available from BIMA, leading provider of micro-insurance.

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