Leadway Assurance Company Limited, Leadway Pensure PFA and Pinewood Medicare have signed an agreement with 13 affiliates of Nollywood on an insurance scheme, tagged NollyHealth Insured, for their members, its Executive Director, Ms. Adetola Adegbayi, has said.
In a statement in Lagos, Adegbayi said the Memorandum of Understanding (MoU) was signed on July 13 at the NAN’s Media Centre, National Theatre Complex at Iganmu, Lagos.
According to her, under the partnership, members in the creative industry, including the Association of Motion Picture Entertainment Editors of Nigeria (AMPEEN); Creative Designers’ Guild of Nigeria (CDGN); Cinematographers’ Society of Nigeria (CSN); Directors Guild of Nigeria (DGN); Film & Video Producers’ and Marketers’ Association of Nigeria (FVPMAN); and Independent Television Producers Association (ITPAN).
Other members are Motion Picture Practitioners Association of Nigeria (MOPPAN); National Association of Nigerian Theatre Arts Practitioners (NANTAP); Screenwriters’ Guild of Nigeria (SWGN); Theatre Arts and Motion Pictures Producers Association of Nigeria (TAMPAN) and United Movie Practitioners’ Association of Nigeria (UMPAN).
He said mebers of the association would enjoy a unified general insurance, healthcare, pension coverage and other benefits.
She added: “Leadway Assurance will provide a life/general insurance policy for practitioners covering the following: Group Personal Accident Insurance, which provides compensation to members/affiliates of the group in the event of accidental bodily injury to the insured person(s) that may result to death or disablement; Group life cover for the beneficiary of a member who passes away while in Service and Business Protection Insurance (Creative Art Production Insurance) under which is Cast & Crew Insurance, Fire & Burglary on Directors & Crew’s Personal Property, Miscellaneous Equipment (all risks), public liability insurance and theft or loss of money on a filming location.
“On the other hand, its subsidiary company Leadway Pensure PFA would cater for the pension funds of members, while Pinewood Medicare HMO would serve as a healthcare service provider for the members of the interest groups within the Nollywood ecosystem.
President, Directors’ Guild of Nigeria (DGN), Fred Amata, who spoke on behalf of the creative industry said the initiative is the first collective effort of the creative sector to seize the opportunity of the persuasive power of unified numbers in negotiating an advantage for the benefit of the larger sector adding that NollyInsured is a progressively inclusive initiative.
Also the Managing Director, Pinewood Medicare, Dr. Olasimbo Davidson, said the Nolly-care programme is designed firstly to end healthcare inequalities that pertain to income differences, and secondly to end preventable deaths, which often stem from high healthcare costs. Lastly the Nolly-care programme aims to significantly reduce poor health outcomes, which are typically linked to low access to high end specialists and sub- specialists.”
The Minister of Information and Culture, Lai Mohammed, who was represented by the Managing Director, Nigerian Film Corporation, Dr. Chidia Maduekwe, assured Nollywood stakeholders of the Federal Government’s continual support towards the development of Nollywood insurance scheme, which provides favourable healthcare conditions for practitioners.
Madueke stressed that the insurance scheme could not have come at a better time, especially in the face of the urgent medical challenges that has faced members of the film industry.
He pointed out that there was the urgent need for both stakeholders to discuss health insurance and health issues pertaining to Nollywood members.
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