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Sanlam Makes Shs475m Payout To Its Clients

(L-R): Susan Namulinda (Senior Premium Administrator), Justine Tabu Mukasa (client/beneficiary), Doreen Muhangizi Asasira (Head, HR) and (Ag.) CEO Nicholas Lutakome at the Sanlam Life Head Office in Bugolobi on 4/6/20, as Sanlam Life announced a Shs475 million cash back to its Individual Life Clients.

Sanlam Uganda is set to pay out over Shs475 million to its Individual Life clients in the form of cash back against premiums paid on their policies. This is to help kick-start its clients’ lives following the disruptions caused by the COVID-19 pandemic.

As the global pandemic continues to wreak havoc across the world,it has not only claimed over 300,000 lives,but also many businesses. SMEs in particular have suffered in the process, affecting the livelihoods of many families during the lockdown. The country’s lockdown is being relaxed as of today.  

Nicholas Lutakome, (Ag.) CEO Sanlam Life, as he announced a Shs475 million payout to the insurer’s clients. The cashback will serve as a kick-start to enable them deal with the disruptions caused by the COVID-19 pandemic. This was at the Sanlam Life Insurance Head Office in Bugolobi on 4/6/20.

“We cannot have a successful Sanlam in a struggling Ugandan economy, which is why we are making half a billion shillings available to some of our customers to provide hope as life returns to normal,” said Nicholas Lutakome, Ag. CEO of Sanlam Life Insurance (U) Ltd.

On 14 April, Sanlam Uganda donated 285 million through the national task force to flatten the curve and assist the Ministry of Health in the fight against COVID-19 through the purchase of protective wear for the country’s front line health workers, which may include face masks, face shields and PVC aprons.

“We are celebrating10 years of operations in Uganda this year and are planning to be around for much longer,” Lutakome said.

“It’s in times like these that an insurance company needs to move closer to its clients to offer a helping hand towards the recovery of the economy. We want to urge the public to exercise the necessary caution and stay safe.’

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