Motor/Two - Wheeler Insurance: new bancassurance product in Togo

In partnership with SUNU Assurance IARD, Orabank Togo, a subsidiary of the Oragroup banking group, is introducing a new bancassurance product called"Motor/Two - Wheeler Insurance". The coverage is intended for policyholders who either own or rent two, three or four-wheeled vehicles and motorcycle taxis called Zémidjans.

The new policy includes coverage for personal injuries and property damage sustained by the policyholder or a third party due to a traffic accident.

"Motor/Two - Wheeler Insurance" allows:

• The underwriting of motor and two-wheeler insurance at the bank's counters at a reduced price;
• The acquisition of a loan to pay the insurance premium over six months with an annual interest rate of 7.5%.

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