Home News Cornerstone Partners FRSC to Check Fake Insurance, Improve Access to Policies

Cornerstone Partners FRSC to Check Fake Insurance, Improve Access to Policies

by timenews
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For further enlightenment and acquisition of insurance policy especially among motorists the Cornerstone Insurance Plc has formed a partnership with the Federal Road Safety Corps (FRSC), just as it made a donation of working tools to the government road managers.

The partnership which would improve road users level of awareness as regards claims would invariably eliminate the procurement of fake insurance policies.

Working tools presented to FRCSC by the Insurance Company include 300 reflective jackets and eight kiosks to the Corps during a ceremony that took place at the Commission’s Headquarters in Abuja recently.

Head, Business Development, Cornerstone Insurance, Mr. Charles Nwachukwu, said that the action was part of Cornerstones’ corporate social responsibility initiative in Nigeria, also noting that there was need for proper education of motorists on insurance policy.

“There is a lot we could do with the FRSC to improve insurance in Nigeria today to reduce crashes and ensure our cars are insured. We can both ensure that people are not going to take fake insurance, but that they take the right insurance and reap the benefits of insurance.

“We will partner with you to deepen the level of insurance penetration in Nigeria,” he said, disclosing that the intervention is being done in major cities of the Country, with a plan to extend it to all parts of Nigeria.

“In Cornerstone, when we make profit, we also reach out to the public. We believe that sending awareness message is better done with an organisation like FRSC because they control traffic and reduce accidents on the roads,’’ Nwachukwu added.

FRSC’s Deputy Corps Marshal, Administration and Human Resources, Ojeme Ewhrudjakpor, lauded Cornerstone for the intervention and assured of the Corps’ determination to end fake insurance policies and create awareness among road users, especially in the coming festive season.

She pointed to the fact that many drivers do not know the benefits of third party insurance while also noting that the reason most drivers engage in fight is because of lack of the knowledge that insurance companies actually pay the cost of repairs to a third party in the case of an accident.

Ewhrudjakpor therefore urged the insurance practitioners to embark on more education to change the narrative of the poor knowledge of insurance among the populace in Nigeria.

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