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New measures against Coronavirus in Zambia

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Magazine Issue: 
2020, the year of COVID-19 [3]
Magazine date: 
May 2020

COVID-19In the fight against Coronavirus, Zambia’s insurance regulator urges local insurers to implement the following new measures to confront coronavirus [4] crisis:

  • Promptly settle all claims including those related to COVID-19.
  • Set e-platforms for insurance purchase, payment of premiums and claims report.
  • Submit a report to the regulator before 15 May 2020 addressing COVID-19 impacts on the company.
  • Set up emergency measures to extend premiums payment period.
  • Sensitize policyholders to terms and exclusions of insurance contracts.
  • Seek regulator’s approval in the event of suspension or withdrawal of insurance products.
  • Set up supportive measures for insurance intermediaries.
Wed, 20/05/2020 - 10:22

Source URL: https://www.atlas-mag.net/en/article/new-measures-against-coronavirus-in-zambia

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[3] https://www.atlas-mag.net/en/issue/2020-the-year-of-covid-19
[4] https://www.atlas-mag.net/en/article/coronavirus-toll-and-consequences