One of Africa’s biggest telecoms companies, Globacom has unveiled an insurance scheme powered by the company to support members of the National Union of Road Transport Workers (NURTW) and their families nationwide.
Tagged Security Verified Identity Card (SVID), the insurance scheme instituted by Glo in partnership with the NURTW, will have United Bank for Africa and Skye Bank, providing comfort to family and relations of any NURTW member who dies or suffers permanent disability due to road accidents or any auto related mishaps.
Head of Glo Gateway, Mr. Steve Stretch, who represented Globacom at the launch in Abuja, said the immediate family of any NURTW member who dies in an accident will be paid the sum of N1 million to cushion the effect of the death of their breadwinner while a sum of N850, 000 will accrue to the family of any member who suffers permanent disability caused by road accident in the course of discharging his daily activities.
“Much as no one prays for accidents, we know that such can happen unannounced. When people die untimely in accidents or become incapacitated through accidents, their families suffer untold hardship, especially where such victims are the breadwinners. This is what Globacom wants to forestall with this scheme,” he said.
Mr. Stretch added that the peculiar nature of the daily activities of NURTW members who are permanently on the road, transiting from one part of the country to another, calls for a good life insurance package that will give hope to their families, should any unforeseen tragedy happens.
“We also believe that family members of the NURTW, like any other families in other industry, must enjoy the basic things of life such as children education, feeding, clothing, etc., if the bread winner is incapacitated, or is no more available”, he said.
In addition to this, the SVID card will serve as identity cards and Automated Teller Machine (ATM) code cards for NURTW members.
In his remarks, the National President of NURTW, AlhajiNajeem Usman Yasin said the welfare of his constituencypropelled  him and members of the union’s executive council to decide to partner Globacom on the project. He said the SVID will also help the union to have a comprehensive database of all members of the union pan Nigeria.
Group Managing Director of Skye Bank, Mr TimothyOguntayo who was represented by the Regional Director for North Operations, Mr Tope Adewuyi disclosed that the bank  believes  that organizational objectives could be attained through the provision of quality, timely and efficient service. “In this pursuit, it continues to conquer new frontiers in its operating environment and raising the bar of competition”.
Meanwhile, Managing Director, Royal Exchange Assurance, Mr RichardBorokinni, affirmed that  claims arising from the scheme will be paid promptly once accidents involving NURTW members are properly documented and referred to the insurance company.
Deputy  Corps Marshal  of the Federal Road Safety Corps(FRSC), Mr Adeyemi Omidiji who attended the event said Globacom’s SVID initiative is a major boost to the operations of the corps which is at the forefront of ensuring the sanctity and protection  of lives on Nigerian roads.

NURTW members get Glo insurance cover