How Old Mutual is helping healthcare workers at the forefront of COVID-19 fight

Old Mutual has pledged R4 billion worth of cover to support healthcare workers in the battle against COVID-19. The cover, effective from April 1st until the end of the year, is aimed at providing relief to the families of frontline healthcare workers who are particularly vulnerable during these challenging times. Vuyo Lee, Chief Marketing Officer at Old Mutual, discussed the initiative and its significance in an interview with CNBC Africa. Lee highlighted the importance of supporting healthcare workers who are risking their lives to combat the pandemic. He emphasized that the cover was designed to alleviate the financial burden on these frontline heroes and ensure that their families are taken care of. The commitment from Old Mutual comes at a crucial time when healthcare workers are facing immense pressure and challenges due to the COVID-19 crisis. During the interview, Lee acknowledged the broader economic impact of the pandemic and the role that corporate South Africa can play in supporting the recovery process. He stressed the collective responsibility of all stakeholders in fighting the disease and working towards economic recovery. Lee encouraged companies to step up and contribute to these efforts, underscoring the importance of solidarity and collaboration in overcoming the current challenges. Old Mutual's initiative to provide substantial cover to healthcare workers reflects a commitment to social responsibility and solidarity during this unprecedented crisis. The financial support will serve as a crucial lifeline for frontline workers and their families, recognizing and honoring their sacrifices and dedication in the fight against COVID-19. As the battle against the pandemic continues, initiatives like Old Mutual's R4 billion cover serve as a beacon of hope and support for healthcare workers who are at the forefront of the COVID-19 fight. The financial assistance will provide much-needed relief to these heroes and their families, demonstrating the collective effort and commitment to stand together in the face of adversity.