Government signs up with FijiCare
29 August, 2018, 6:30 pm
GOVERNMENT today signed up with insurance service provider FijiCare Insurance Ltd to provide the cover for civil servants and social welfare recipients as per the 2018/2019 National Budget announcement.
Attorney-General and Minister for Economy Aiyaz Sayed-Khaiyum said this scheme would benefit 107,417 people which included civil servants, social welfare recipients and the general civil servants.
FijiCare managing director Peter McPherson said the government had picked up the whole annual premium and so the underprivileged people and social welfare recipients would not be paying any premiums at all but coverage would be $1000 for the death of a family member for funeral expenses and $3000 in the form of a relief payment.
If a family’s home is lost to fire, $3000 will be paid out to the family, and for any form of personal injury the insurance scheme will pay up to $3000 to help those families cope during that difficult time.
Mr McPherson said FijiCare does not expect to make much money out of it but it would help increase the number of insurance policy holders and underprivileged people would get the insurance cover they needed in times of emergencies.