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AYo Pay and Drive Motor Insurance Policy is a new insurance policy that aYo Intermediaries Ghana Ltd, the country’s top mobile micro-insurance provider, is launching in collaboration with Sanlam General Insurance Ltd and Mobile Money Limited.
Drivers may choose when and how much they wish to insure their cars with the Yo Pay and Drive insurance package. With this service, drivers may use their mobile phones to pay for insurance according to their own requirements and preferences. Drivers have complete control over their insurance payments with the pay-as-you-go method, which lowers insurance costs and increases convenience.
The insurance coverage can be acquired on a weekly, monthly, quarterly, or annual basis, providing car owners with greater flexibility to suit their changing demands. The worth of the vehicle, its usage (private or commercial), and the number of days (a minimum of 7) are taken into account when calculating the premium.
Consumers may join up at http://app.ayoghana.com/ to participate in aYo Pay and Drive. Customers may also get help by messaging 0596918235 on WhatsApp.
Speaking at the event, Mr. Francis Gota, CEO of aYo Intermediaries Ghana Ltd., described how the product’s accessibility, ease of use, and flexibility will transform the insurance sector.
He said, “today marks a significant milestone for us at aYo after 7 years of redefining insurance in Ghana. We are proud to bring to Ghanaians a groundbreaking auto policy called ‘Pay and Drive.’ Forged through partnerships, this product symbolizes unity and our shared commitment to deliver unparalleled value to our customers. Customers are the bedrock of our business, and their support has been both motivating and instrumental in driving our passion for innovation.”
Mabel Nana Ama Nyarkoa Porbley, CEO of Sanlam General Insurance Ltd also spoke about how the digital nature of the product will help reduce our environmental footprint. She encouraged all drivers to sign on to it.
Chief Superintendent Alexander Kweku Obeng of the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, praised the product as a commendable initiative that will assist citizens in complying with the mandatory insurance requirements in Ghana.
aYo Pay and Drive Insurance policy is crafted to meet the needs of the customers like car owners and cab drivers who cannot purchase yearly insurance cover. Valid Pay & Drive claims are paid directly to the claimant’s mobile money wallet or preferred payment platform.
aYo is committed to revolutionizing the insurance landscape in Ghana. Over the past seven years, aYo has raked in over 8.2 million individual policyholders. The company boasts of a subscriber base of over 10 million Ghanaians. So far, the company has paid out over GH¢18 million claims to over 45,000 policyholders and beneficiaries, out of which GH¢4.5 million was paid out last year.
Some of the dignitaries and stakeholders who graced the occasion included Mr. Benjamin Peh, Business Development Manager of the Driver and Vehicle Licensing Authority (DVLA), Nana Yaa Ago Winful, Head of Marketing – Ghinger APP Ghana, Nana Kwesi Gyan Apenteng, former Chairman of the National Media Commission, some members of the Mobile Money Advocacy Group (MOMAG) and staff of aYo, Sanlam and MTN Ghana.
Source: Ghanatodayonline.com
