Heritage Bank Plc, together with the Road Transport Employee Association of Nigeria, has launched the Travelers’ Accident Insurance Scheme to assist road accident victims across the country.
The scheme, which was launched on Friday in Abuja, aims to prevent deaths by assisting travelers involved in accident to offset hospital bills.
Speaking during the launch, the bank’s Regional Executive, Abuja and North, George Okoh-Oboh, commended the thoughtfulness of RTEAN in coming up with such programme to save the lives of accident victims.
He stated that the partnership could help address road safety issues such as tragic loss from a road crash or severe injury, which he explained have negative impact on families, social networks and national economies.
He said majority of the victims are part of the working-age population, of between 15 and 64 years old.
“In fact, road crashes have become the #1 killer of the young worldwide,” Okoh-Oboh lamented.
He, however, pledged the continued support of the bank in ensuring the success of the scheme.
“At Heritage Bank, we believe in this project and we are ready to support it, as it seeks to address accidents on the road.
“This project will save lives of many Nigerians. So, we are not just here to see what comes in, but also here to add value and ensure that it succeeds,” the bank executive said.
The National President of RTEAN, Musa Muhammed, said the scheme aims at promoting the welfare of passengers, as well as securing their property in the course of their journey.
According to him, the scheme was also designed to provide support for passengers that may be involved in accident.
“This scheme covers all Nigerians involved in accidents that require medical attention while on a road trip.
“This is part of effort to assist and improve the Nigerian transport system,” Muhammed stated.
He, however, stressed the need for the government to deepen investments in road infrastructure, while ensuring security along the major road.
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