Nyala Introduces Insurance Coverage for Diaspora

December 25 , 2021


The executives of Nyala Insurance S.C. have launched an insurance policy geared towards the Ethiopian Diaspora, coinciding with senior government officials encouraging Ethiopians abroad to visit home for Christmas, dubbing the call 'the Great Ethiopian Homecoming.' The policy covers hospitalisation, surgery, and medical treatment costs, including those brought on by the COVID-19 pandemic, for a period of up to 90 days. The Diaspora policy was launched following a study and approval from the central bank, according to Tegen Masresha, head of marketing and business development at Nyala. The firm had also been the first to introduce a cell phone insurance policy earlier this year.


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