Goldstar Insurance Workman’s Compensation and Group Personal Accident policyholders will now be able to get life insurance cover from Prudential Uganda.
The new insurance product called COVID19 Group Life Extension Insurance Cover covers groups of individuals of companies and organizations against devastating COViD19 pandemic. It is underwritten by Prudential.
In the new partnership, Prudential shall offer cover against natural death to all Goldstar Workman’s Compensation and Group Personal Accident Policyholders against death due to natural causes.
Goldstar Insurance said this cover is an extension of your existing Workman’s Compensation & Group Personal Accident policy with Goldstar to bridge the gap left out by this class of insurance.
“The death benefit enshrined under the traditional workers' compensation and group personal accident is only payable if death is due to accidental causes and does not include death due to natural causes including Covid19,”
“Because of the above shortcoming, Goldstar Insurance has partnered with Prudential Life to offer cover against natural death to all Goldstar and GPA Policy Holders and death due to Covod19 is hereby covered,” Goldstar has said.
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