In Togo, GTA Assurances Vie and Coris bank launched together a new bancassurance product

Finance
Tuesday, 14 January 2020 15:32
In Togo, GTA Assurances Vie and Coris bank launched together a new bancassurance product

(Togo First) - GTA Assurances Vie and Coris Bank Togo entered a partnership to sell and manage a new bancassurance product called Coris Protect.  

The related agreement was signed by the respective heads of the companies, Claude Daté Gbikpi and Alassane Kabore.

Coris Protect, according to a statement released by the firms, should enable bank customers be better prepared in the event of an accident, total or permanent disability due to a disease or an accident, or death regardless of the cause. 

In the first case (accidents), Coris Protect covers medical fees. In the second (permanent disability), the beneficiary gets financial support plus a payment equivalent to wages perceived over the six months preceding the incident (with a cap of XOF2.5 million). Last, in the event of death, the new product covers funeral benefits. 

Coris Protect also allows the client to guarantee his beneficiaries a lump sum in the event of death or permanent disability, for a monthly premium of 1,000 FCFA.

Séna Akoda

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