Clients will be paying less for their vehicle insurance in May 2020 to ease the financial strain they may be experiencing.
As the COVID-19 pandemic continues to affect the livelihoods of many Namibians, OUTsurance has implemented a 15% premium discount on all existing vehicle insurance policies for the month of May 2020. This premium reduction recognises the reduced kilometres travelled and claims frequency, during the lockdown period.
Nangula Kauluma, OUTsurance CEO, says, “We understand the financial pressure that many of our clients are facing and we’re constantly looking for a way to assist, staying true to our brand promise that ‘you always get something out’.”
The 15% discount will be an automatic premium reduction on motor insurance premiums, without any action being required from clients.
The key aspects of our support for customers, service providers and staff to date are noted below:
Customers:
Service providers:
Staff and Management:
“The situation is constantly evolving and we will continue to monitor it over the coming months. We applaud the general sense of unity we’ve seen throughout Namibia so far and would like to assure clients, staff and suppliers that we will continue to assist wherever we can. We would like to encourage our clients to contact us if they are facing severe financial difficulties, rather than letting their policies lapse – we are happy to discuss the options available to them,” added Kauluma.