Insurance group waives waiting periods for coronavirus victims

Insurance group Clientèle today said it has waived waiting periods on all new and existing funeral policies, for any valid claim resulting from the novel COVID-19.

The company in a statement, said that the waiving of waiting periods for COVID-19, also known as coronavirus, on funeral policies is effective immediately, and will remain in effect for policies sold until 30 April 2020, or until a later date that the company will determine.

Basil Reekie, Group Managing Director of Clientèle, said the initiative reflects Clientèle’s belief in the power of a collective effort to minimise the impact of the virus.

“As a company, there are a number of things we can do and that said we need to focus on our sphere of influence – insurance. We are committed to joining the people of our country to mitigate the COVID-19 impact, as far as possible” Reekie said.

“and the best way for us to do that for our customers is by reducing any additional stress associated with COVID-19.”

South Africa is currently under a near lock down as authorities scramble to contain the spread of the virus that has claimed nearly 9 000 lives worldwide.

South Africa has 116 confirmed cases of the virus with no casualties reported yet.

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