Unipol to return EUR 300 million in motor premiums to help 10 million customers cope during the Covid-19 emergency

Wednesday, 15 April 2020

ICMIF member Unipol Group (Italy), through its insurance business UnipolSai Assicurazioni, has announced that it will repay one month’s premiums to its 10 million motor liability insurance policyholders. This is estimated to total EUR 300 million in premiums returned to customers to help them cope during the Covid-19 emergency period.

UnipolSai announced that this important initiative in support of their customers would be shared via a new two-week TV advertising campaign, “Un mese per te” (One month for you), starting from Sunday 12 April.

In a press release, the company said: “We had to stop. Everyone. For a month we have been stopping at work, at sport, at our everyday life. Engines off and machines that use little or nothing. This is why UnipolSai has decided to give you back a month of motor liability insurance. A small contribution: because our desire to help, that, nobody can stop it.”

The Unipol Group had already announced a number of extraordinary measures to support their customers during the coronavirus emerging. Last month, Unipol donated EUR 20 million to help combat the Coronavirus emergency in the most severely affected areas of Italy. Unipol allocated said resources to increase the number of beds in hospitals, especially in intensive care and semi-intensive care units, and purchase the necessary ventilators and healthcare equipment to try to help stop the epidemic from spreading. The donation included an allocation of EUR 6 million to the Lombardy region and EUR 5 million Emilia Romagna region.

Unipol also made an additional allocation of EUR 1 million to the Bergamo community, one of the hardest hit by the Covid-19 emergency, supporting the actions taken by the humanitarian organisation Cesvi (short for "cooperazione e sviluppo", or “cooperation and development” in English). The donation will be used for the purchase of a portable CT scanner, a machine of fundamental importance at this stage of the emergency, for the field hospital organised by the Alpine troops.

In early March, Unipol extended its healthcare policy cover at no extra charge to help its customers deal with the healthcare situation due to the spread of the Covid-19 virus. The insurer also extended the award of a daily allowance, at no extra charge, to any insured parties who were put into quarantine at home after testing positive for Covid-19. Insured parties who have health insurance with any of the Group companies can also contact the Coronavirus medical consultation service at no extra charge, 24/7, through the UniSalute Medical Centre, the Group company devoted to prevention and the protection of health.