By Dipo Olowookere
The management of Wapic Insurance Plc has announced offering to refund the insurance premiums paid for by customers of the Nigeria’s leading underwriters.
Wapic said it came up with this plan because it understands that most drivers are stuck at home and unable to drive their motor vehicles in line with the COVID-19 pandemic stay at home policy.
With this, the company has become the first Nigerian motor insurer to offer customers refunds on their insurance premiums.
The firm said beyond financial and other contributions the company is making to fight the pandemic, it is serious about supporting its customers, particularly the most vulnerable, during this difficult time.
The insurer said it takes pride in always putting customers first and continually improving its services to deliver a unique and excellent customer experience.
Commenting on this development, the outgoing Chairman of Wapic, Mr Aigboje Aig-Imoukhuede, stated that, “We know that our customers are experiencing unprecedented circumstances and many are struggling to cope.
“We want to recognise the sacrifice you are making by driving significantly less as you support our country’s objectives in flattening the curve of the pandemic.
“We want our customers to know they can Rest Assured and we will defeat this pandemic together.”
“Wapic is passing the benefit of reduced motor insurance claims during this period onto our existing policy holders.
“The refund will automatically be credited to customers with active policies at the end of the lockdown period.”
Aduragbemi Omiyale 
Adedapo Adesanya 
Modupe Gbadeyanka