Leading insurer, Consolidated Hallmark Insurance (CHI) Plc,
in a bid to ease the transaction process and procurement of the compulsory
third party motor insurance has embarked on collaboration with Zenith Bank Plc
for payment across the bank’s counters nation-wide.
With this arrangement, vehicle owners, insurance brokers and
fleet operators can now walk into the bank, effect payment and obtain the e-pin
for processing of the motor third party insurance cover through either the
product portal www.motorthirdpartyonline.com
or from the company’s website www.consolidatedhallmark.com
The company’s Managing Director, Mr. Eddie Efekoha said the
company embarked on the arrangement in order to provide numerous clients with
additional options of obtaining their genuine insurance, having pioneered the
online web portal payment for the product in 2008.
He disclosed that with the Consolidated Hallmark e-pin from
the bank, clients can generate their insurance certificates from the comfort of
their homes or offices within a few minutes, print the document for their
immediate use or save for future use after completing a few details.
Details of the vehicle thus covered are automatically
uploaded to the portal of the Nigeria Insurance Industry Vehicle Database, a
central registry of all vehicles with valid insurance cover.
Customers also have the option of making payments for the
product with their ATM cards, or obtaining this and other classes of insurance
through the National Insurance Commission (NAICOM) licensed insurance agents
across the country.
The Consolidated Hallmark Motor Third Party Insurance cover
protects the holder for up to N1 million in property damage liabilities to
third parties, and also covers bodily injury and death of third parties arising
from the usage of the insured vehicle.