Failure to Sensitize Discourage Citizens From Insuring Build Buildings.
Proprietors of Insurance Companies in Cameroon were on hot seats on the 17
June 2021 at the Yaounde Conference Center during a workshop organized by the Parliamentary Network for the Promotion of Insurance Policies and Banking Services. Their laxity in carrying out Insurance operations in the country has been highly condemned by Parliamentary Members.
The Insurance Companies in the country have been accused of their inability to sell out their services to the public. Senator George Kinyang a member of the network pointed out ;Insurance Companies hardly sensitize users and encourage people to get insurance for other things order than cars and vehicles;
Most big and delicate builders that at times collapsed or burnt are hardly insured. The Senator stated, it is due to laxity of the insurance companies who always feel satisfied and have the impression of already getting to the apex that things are the way they are taking ;The Insurance Companies have been very relaxed in motivating people to get insurance;.
In order to encourage people to get insurance the law maker added, Insurance Companies have to prove to the people by stating cases where their intervention had a positive impact and their victims satisfied with their intervention. Nothing will motivate people to go in for hazard insurance if reliable information is not given them.
The Members of Parliament expressed worried over investment done by Insurance in Cameroon since it is alleged they make much profits. In other countries, insurance companies invest in the country by creating jobs, carry out humanitarian activities. Created by the Right Honorable Cavaye Yeguie Djibril in April 2020, the Parliamentary Network for the Promotion of Insurance Policies and Banking Services had as goal the amelioration of conditions in order to satisfy Cameroonians with regards to insurance.
By Takang Bisong
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