E-B-O-L-A:EFFECT ON INSURANCE VERY HAZY
BY ABDULMUMINI ADEKU.
Reeling from the worst outbreak of Ebola Virus Disease to
have hit the entire global an estimated $200million would have been pledged in
donation and disbursement as at press time
excluding the insurance implications of the lives lost in Sierra
Leone,Liberia,Guinea ,Nigeria and Mali now not less than 7,000.
In an exclusive interview with Paedia Express Multimedia in
Lagos,Nigeria ,a Chartered Insurer and an insurance analyst of about three
decades ,Miss Bisi Oladipo said that the effect of Ebola on the risk business worldwide was not
so sure at the moment was too difficult to ascertain.
Shea speaks:”it has no provision in the insurance sector in
Nigeria,South Africa has the biggest insurance market in Africa”
“The life insurance product in The Nigerian market has
nothing to do with disease,let us assume that is working and then he suddenly
dies then they can pay based on that”
“They do not have to prepare for an Ebola attack as underwriters
talk about risk that can be established immediately and not something that can
not be fixed”
“if you are talking of travel insurance well we can look at
that but again you have to realize that not every nation ask for travel
insurance”
She assured that Sierra Leone has a better insurance culture because one of
there top leaders is an insurer.
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